MS is adding Multi-Factor Authentication for Office 365 to Office 365 Midsize Business, Enterprise plans, Academic plans, Nonprofit plans, and standalone Office 365 plans, including Exchange Online and SharePoint Online. This will allow organizations with these subscriptions to enable multi-factor authentication for their Office 365 users without requiring any additional purchase or subscription.
Read more:
http://blogs.office.com/2014/02/10/multi-factor-authentication-for-office-365/
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