Singsys blog

What Is Security by Design and Why Is Multi-Factor Authentication Essential?

Security by Design and Why Is Multi-Factor Authentication

From online banking and eCommerce platforms to healthcare systems and enterprise software, organisations handle massive volumes of sensitive data every day. Yet, cybercriminals are becoming smarter, faster, and more persistent.

According to IBM’s Cost of a Data Breach Report, the average global cost of a data breach reached USD 4.45 million, the highest recorded to date. Even more alarming, most breaches are not caused by highly complex attacks — they occur due to weak security foundations and compromised credentials.

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