What SMB's Need to Know
For small and medium-sized businesses (SMBs), the digital landscape is fraught with cyber threats. From phishing and malware to credential theft and ransomware, the risks are real, and the consequences of inadequate cybersecurity can be catastrophic. One of the biggest contributors to these attacks? Password mismanagement.
Weak or stolen passwords account for a staggering 80% of breaches. Employees reusing the same passwords or creating weak credentials makes companies vulnerable to credential stuffing attacks, where hackers use stolen information to access multiple accounts. In fact, 30% of cyberattacks involve credential theft, and 74% of breaches are tied to human error, including the misuse of credentials.
Authentication Is Your First Line of Defense Protecting Downstream Assets
While the statistics are alarming, there is hope. The first line of defense against these attacks is robust authentication. However, traditional methods, like passwords and even multifactor authentication (MFA), often fall short. Proximia offers a next-generation solution that completely eliminates passwords and the risks associated with them.
Proximia’s passwordless authentication combines biometric triggers, mutual trust, dynamic proximity, and persistent authentication to ensure users are protected seamlessly throughout their sessions. This innovative approach mitigates the risks posed by phishing, credential theft, and other common threats, while also enhancing convenience and reducing friction for end users.
Take a look at the infographic below to see how password mismanagement is affecting SMBs and how Proximia’s advanced authentication solution can protect your business from these evolving threats.
