The FTC Safeguards Rule has recently been updated and mandates that all financial services companies must have MFA in place for applications that store/handle customer Personally Identifiable Information (PII). How are you delivering on this requirement (MFA, SSO, Other)? What have you done to reduce friction (ex. RBAC, CIM) or improve customer experience?


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Head of Cyber Security in Manufacturing, 501 - 1,000 employees
A mix of multitude of topics, rbac, iga, least priviledge, logging combined with mfa best case phish resistant like x509 or fido2 and sso
1
Director of Network Transformation, Self-employed
My recommendation?  Move beyond MFA. The recent Verizon Breach report calls it out.  74% of all breaches included the human element with 86% of breaches involved the use of stolen credentials.  MFA is one layer.  As we saw with the recent Cisco incident, it only works so far.  Better, move to an adaptive trust model leveraging one of the SSE technology providers out there.  Include device posture in access to resources.  Add another or several layers beyond MFA.  And move to Zero Trust.  ZTNA for remote access is a great place to start.  
1
Chief Information Security Officer in Healthcare and Biotech, 1,001 - 5,000 employees
I would say today's customers are very much concerned about their data security and privacy; we, as a ciso along business, need to build awareness among the customers about how MFA will add layer of security to safeguard their assets.
1
Director, Information Technology in Services (non-Government), 10,001+ employees
SSO along with MFA options such as one-time passwords (OTP), hardware tokens, or push notifications to ensure secure authentication.

Options to improve user experience include implementing adaptive authentication, mobile authentication apps, or password-less authentication methods.

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