Insecurity outfit WatchGuard has rolled out a multi-factor authentication product specifically for SMEs after it spotted a gap in the market.
The security player has introduced AuthPoint and has shared findings from CITE Research that indicated that 61 per cent of SMEs felt that the technology was only reserved for larger enterprises.
Alex Cagnoni, director of Authentication at WatchGuard said that a massive portion of data breaches involve lost credentials and since cyber criminals target organisations of any size, MFA is now a prerequisite for all businesses.
“In the absence of MFA, cyber criminals can usea variety of techniques to acquire usernames and passwords, such as spear phishing, social engineering and buying stolen credentials on the dark web, to gain network access and then steal valuable company and customer data”, he added.
Rebecca Fernyhough, account manager at UK channel partner Epic Network Support said that with the launch of AuthPoint, WatchGuard hadextended its product portfolio with a vital security offering that is often overlooked by SMBs and has done so in a way that is easy for the channel to sell, deploy and manage.
The WatchGuard release comes at a time when SMEs are struggling with keeping on top of security threats.