The progression of MFA: How Yubico and key partners work together to provide impactful solutions
The progression of MFA: How Yubico and key partners work together to provide impactful solutions
3 PagesYubico addresses the escalating risks of data breaches, which rose to an average cost of $4.88 million in 2023, by providing modern phishing-resistant multi-factor authentication (MFA) solutions. Despite widespread MFA adoption, many organizations remain vulnerable because legacy MFA methods like SMS and OTP are susceptible to phishing and attacker-in-the-middle attacks. Yubico’s phishing-resistant YubiKeys utilize hardware-backed public key cryptography, requiring user presence via a touch, and bind credentials to specific services, preventing credential theft and phishing bypass. This approach stops account takeovers and enhances security, usability, and compliance at scale, responding effectively to the fact that 74% of breaches stem from stolen credentials and human vulnerabilities.
