Challenges and Opportunities MSPs are Facing in 2017 Security
MSPs work in an environment that is constantly changing for both the needs of customers and the technology in which they provide. Fanning the flames is the fact that MSPs operate in a highly competitive environment with a large number of direct competitors, which further emphasizes their need to differentiate themselves with greater effectiveness. The challenges that MSPs face are many the number of workplace devices is exploding, the number of security breach incidents is expanding, and higher demand for more robust collaboration tools continues. Yet the technology deployed must be a conductor of success rather than a stumbling block for users. By identifying these challenges and transforming them into growth-focused opportunities, MSPs can more effectively position their customers for success.
KEY TIPS FOR More Powerful Security User credentials are the keys that unlock a company s most valuable and sensitive data. In fact, 63 percent of data breaches are the direct result of stolen or misused credentials. 1 The cost of these breaches is very high estimated at $4 million for a single incident. 2 MSPs play an important role in preventing breaches as hackers become increasingly sophisticated in their tactics for infiltrating user credentials. Here are seven important elements that need to be considered in order to provide greater protection for your clients. 1. Intel, Intel Authenticate Solution Brief, 2016. 2. CNBC, Cost of Data Breaches Hits $4 Million on Average, 2016.
The Challenge Increased regulations demand greater security Many industries face increased security and compliance regulations, which makes the stakes for security breaches even higher. For example, the average cost of a security breach is $158 for each stolen record. 2 In contrast, highly regulated industries, such as health care, have costs that reach as much as $355 per record. These risks are compounded by the fact that the number of devices that MSPs manage has increased by 72 percent since 2014. 3 The estimated cost of a security breach for highly regulated industries, such as health care, can reach as much as $355 per record. 2. CNBC, Cost of Data Breaches Hits $4 Million on Average, 2016. 3. Citrix, 7 Enterprise Mobility Statistics You Should Know, 2015.
The Impact Risk is steadily rising When a user s credentials are compromised, the entire business instantly becomes vulnerable. With the evolution of technology, one would think that security breaches would decrease; however, the opposite is true. The number of breaches is steadily rising, with a 22 percent 4 increase in data breaches reported between 2015 and 2016. As technology progresses, so too do the methods and strategies that hackers use for password cracking, phishing screens, and screen scraping. As a result, MSPs need tools that consistently keep a step ahead of security threats. The number of breaches is steadily rising, with a 22 percent increase 4 in data breaches reported between 2015 and 2016. 4. Intel, Hardware-enhanced Protection Against Identity Theft, 2016.
The Need Better security features Deploying traditional software-only security solutions is no longer enough. MSPs need hardware-enhanced security features that enable additional identity protection that is simple for users to set up and efficient for MSPs to manage. Business assets and technology must be protected with a solution that goes further than typical software and works seamlessly regardless of an employee s physical location. Identity protection within the hardware provides a greater level of security and reduces exposure to common software-level attack methods.
The Solution Intel Authenticate MSPs can increase the security posture of clients through the Intel Authenticate solution. This hardware-enhanced identity protection solution provides customizable multifactor authentication options while delivering a comprehensive solution that is simple to deploy. Intel Authenticate uses two, three, or even four different methods of authentication in combination to create a true multifactor authentication designed to thwart identity-based security attacks.
The Benefits Simple and secure Intel Authenticate is a solution that helps companies that are facing increased regulatory environments to safeguard valuable data. Authentication factors are easily customized to meet the client s security requirements. MSPs can also deploy Intel Authenticate with the familiar tools and infrastructure that are already in place, as it works with Windows* 7, Windows 8.1, and Windows 10, and integrates with many leading IT management consoles. Getting started is simple from a user perspective; the end user is prompted by the solution to enroll the required authentication factors, which enables a quick start without help from their MSP saving time and money.
Differentiation User-friendly, greater MSP efficiency Intel Authenticate verifies a user s identity for domain and network access by using a combination of hardened factors at the same time, in an IT customizable manner. For example, a common method of two-factor authentication is for users to receive a PIN via email before they can log in. Intel Authenticate may instead require the user to download an app to his or her phone; the technology looks for the phone s Bluetooth* signal to verify the employee is physically at his or her desk. Authenticate not only protects user credentials, but also secures the authentication data so it s less prone to theft, misuse, or impersonation from an outsider.
Moving Forward with Greater Impact For more information about Intel Authenticate hardware-enhanced security, visit our website today.
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