3). MFA/2FA Understanding the Importance of Multi-Factor Authentication (MFA) for Small Businesses. Multi-Factor Authentication (MFA) is a security process that necessitates multiple forms of verification to access an account. This method significantly enhances online security, particularly for (SMEs) navigating the digital landscape. As cyber threats continue to rise, the importance of MFA becomes increasingly evident. For Small Businesses, which often operate with limited resources, such breaches can lead to devastating financial and reputational damage, causing up to 60% of them to close within six months after a significant incident. MFA is particularly critical for businesses that handle sensitive customer data, as data breaches can lead to severe legal ramifications and loss of consumer trust. Adopting MFA is not just a proactive security measure; it is an essential aspect of modern business operations …
