How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

This article has been indexed from The Duo Blog

Recently, while co-hosting a webinar that kicked off Cybersecurity Awareness Month, a panelist commented that cybersecurity and privacy are team sports on a campus, much like our athletic teams. We need to work with many different teammates on campus — risk management, legal, compliance and institutional review boards, to name a few — to effectively manage cybersecurity risk across our communities. We’re used to competing with each other on the field or in research and then collaborating on pretty much everything else. 

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. These groups are having lots of discussion around the fact that many campuses are required to use multi-factor authentication (MFA) for their cyber liability insurance.

In a recent Duo blog post, we gave an overview of cyber liability insurance. As part of National Cybersecurity Awareness Month and “Do Your Part. #BeCyberSmart,” with this post we’ll dig deeper on cyber liability insurance, MFA, and other cybersecurity trends impacting MFA usage in higher education to help campuses manage this aspect of cyber risk for their communities.

Cyber Liability Insurance Invests in MFA

Multi-factor authentication has been around longer than most current college students have been alive, but when it comes to strong authentication modern MFA changed the game. The use of phishing to take over user accounts as a first step to gain access to a campus for a ransomware attack has been making the headlines. MFA is core to implementing a zero trust stance to protect your campus. Many campuses have reported after deploying MFA extensively across their campuses that account compromises due to phishing have reduced significantly. Cyber insurance providers seem t

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