Multi-Factor Authentication Hardline By Insurers

At your bank’s next renewal you will be asked if you require multi-factor authentication when your people are accessing the bank’s computer system. If you say no you might not be offered a renewal.

Travelers started taking this stance a few months ago.  Other insurers are now following along.

Some insurers will offer you a grace period.  Some (like Travelers) will not.

Talk with your IT people and get started now.

From what I’m told, most banks are moving in this direction anyway. This edict seems to be speeding things up a bit.