Multi-Factor Authentication (MFA)
Definition
A security mechanism requiring two or more verification factors to gain access to a resource.
Overview
Multi-Factor Authentication (MFA) requires users to provide multiple forms of verification before accessing systems. Factors include something you know (password), something you have (phone/token), and something you are (biometrics). MFA significantly reduces the risk of unauthorized access even if passwords are compromised. MFA is increasingly required by regulations and security best practices, especially for access to sensitive data.
Why It Matters
Credential theft accounts for over 60% of enterprise breaches. MFA blocks the vast majority of these attacks by requiring a second verification factor. Organizations without MFA face elevated insurance premiums, compliance violations, and significantly higher breach risk.
How New Odyssey Helps
New Odyssey enforces MFA for all platform access and supports integration with enterprise MFA providers, ensuring that automated workflows maintain the same security standards as human-operated systems.