Multi-Factor Authentication: Essential Protection for Freight Brokers in 2025
Key Details Multi-Factor Authentication (MFA) requires users to provide multiple verification factors before accessing accounts or applications. Token-based MFA, which generates time-sensitive unique codes alongside passwords, offers the strongest protection available to brokers today. Why It Matters Freight brokers manage sensitive data including customer accounts, carrier contacts, payment information, and load histories. This makes brokerage accounts prime targets for phishing attacks and credential theft. According to the FBI's Internet Crime Complaint Center, cargo theft losses in the U.S. and Canada reached nearly $725 million in 2025, a 60 percent increase from 2024. The Real Cost When accounts get compromised, the damage extends far beyond the initial breach. You risk losing access to your load board, facing fraudulent transactions, spending days on cleanup instead of covering freight, and damaging your business reputation. More than 99 percent of compromised accounts lack MFA protection. Simple Solution By enabling MFA, you can stop nearly 100 percent of automated bot attacks and bulk phishing attempts. It's one of the simplest and most impactful risk management decisions you can make as a foundational security layer protecting your digital infrastructure, assets, and professional reputation.