Final answer:
Multifactor authentication has a significant effect on reducing insider threats.
Step-by-step explanation:
False
Multifactor authentication can have a significant effect on reducing insider threats. Multifactor authentication is a security mechanism that requires users to provide multiple forms of identification, such as a password, a fingerprint scan, or a smart card, before granting access to a system or application.
By requiring multiple factors of authentication, it becomes more difficult for unauthorized individuals to gain access, even if they have stolen or obtained one factor of authentication. This reduces the risk of insider threats, as it adds an extra layer of protection.