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India takes cyber security seriously, leads in usage of multi-factor authentication: Report- Technology News, Firstpost

by Staff Writer
July 28, 2023
in Technology
Reading Time: 3 mins read
India takes cyber security seriously, leads in adoption and usage of multi-factor authentication_ Report (1)
Share on FacebookShare on Twitter

 

FP StaffSep 29, 2022 14:02:05 IST

With the past two years resulting in a permanently altered working environment across the world, changes in security were both necessary and notable. And, it seems that India and Indian firms are taking cyber security very seriously. 

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According to a recent study by the Thales Group, a leading multinational company in the aerospace, defense, transportation, and security sectors, the global adoption rate of Multi-Factor Authentication (MFA) in 2022 was 56%. However, in India, the adoption rate has significantly increased to 66%. Implementing MFA is one of the crucial cyber security tips to enhance online security and protect sensitive data.

“India obtained both the highest percentage increase of MFA adoption and highest overall percentage of MFA usage, up 19 percentage points to 66 percent this year. India is followed by Singapore with a 17 percentage point increase in adoption to 64 percent, and UAE with a 10-percentage-point increase, to 65 percent,” 2022 Thales Access Management Index showed. 

For those who are unaware, MFA or multi-factor authentication is a security technology that requires multiple methods of authentication of credentials for logging into an account or enabling an online transaction. The easiest example to recognize this would be Google’s 2-factor authentication, which is used whenever a user tries to log in from a new or unknown device, or the one that Facebook uses.

The global MFA usage was highest at 68 percent in remote workers. It was followed by 52 percent of the privileged users.

India takes cyber security seriously, leads in adoption and usage of multi-factor authentication_ Report (1)

The report further showed that MFA adoption is on the rise for internal and non-IT staff with MFA adoption increasing to 40 percent in 2022 as compared to 34 percent in 2021.

Corresponding to a rise in MFA adoption, the number of professionals globally with very high concerns about the security risks of remote work decreased to 31 percent in 2022 from 39 percent in 2021.

Also, 84 percent of IT professionals globally showed confidence in their user access security systems to enable remote work securely and easily. This was 56 percent in 2021.

The survey further revealed that the pandemic has also impacted plans to deploy cloud-based access management. In 2022, it was selected by 45 percent of the respondents compared to 41 percent in 2021.

In 2021, Zero Trust Network Access/Software-Defined Perimeter (ZTNA)/(SDP) was the top choice, selected by 44 percent of respondents globally. In 2022, ZTNA was the second choice at 42 percent.

Under ZTNA, all the users, whether in or outside the organization’s network, are required to be authenticated, authorized, and continuously validated for security configuration before being granted or keeping access to applications and data.

Source by www.firstpost.com

Tags: cyber security

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