Put a Padlock on Your Password with Multifactor Authentication

  • May 9, 2024

There was a time when a strong password was enough to keep you safe online. But as scorns like phishing, social engineering and others have become more sophisticated, cyber criminals have gotten much better at uncovering or breaking passwords.

That's why it's essential to give yourself an extra layer of protection with Multifactor Authentication (MFA). Secure and convenient, MFA requires a password or PIN along with a second identifier such as a fingerprint or a code sent to your mobile device.

The good news is that enabling MFA significantly reduces your chances of getting hooked. In fact, Microsoft estimates it reduces your chances of being hacked by 99%. Remember, the stronger your security, the safer your information.

4 steps to protecting yourself online with Multifactor Authentication:

  1. Enable MFA on the accounts you use the most: By targeting vulnerable accounts, cyber criminals can gain access to all your data. Favorite targets include email, financial services, social media, online merchants, gaming platforms and streaming services.

  2. Where to find MFA on most apps and websites: Under the security settings, you can usually find options that allow you to enable MFA. They may be listed as "Two-Factor Authentication," "Multifactor Authentication," or "Two-Step Factor Authentication".

  3. Enable MFA for personal and business use: As an integral part of your online security, MFA protects your personal data while helping businesses remain compliant with data protection regulations. This can potentially reduce legal liability if your business site is compromised.

  4. Learn to recognize the signs of an attack: Getting an unexpected email about password or account information that's been changed, unfamiliar login attempts or phishing emails containing personal data are all danger signs. Change passwords and add MFA immediately.

Showing you the advantages of Multifactor Authentication is another way Credit Union ONE is helping to protect you, your data and your finances.