“The company is seeing unprecedented demand from enterprises that want to move away from traditional, password-based solutions. Compromised credentials are used in over 80 percent of all breaches. Even two-factor authentication (2FA) and multi-factor authentication (MFA) solutions that rely on usernames and passwords as the first factor authentication are vulnerable and ineffective.”
Trusona, the leader in passwordless multi-factor authentication technology, Secures $20 Million in Series C Funding
Amazon goes on two-factor domain binge after security announcement https://t.co/CEdCOskaDI
— DomainNameWire.com (@DomainNameWire) August 27, 2021
“To achieve the highest level of protection, trusted identity with multifactor authentication is important. This trusted identity and access may include combinations of personal and biometric information of who they are, where they are, what they have and what they are trying to do.”
Cybersecurity Market
“Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has enabled Belgian mobile ID scheme itsme® to enroll 350,000 users and securely process one million transactions per month for both private and public online services – making it one of the most successful mobile ID applications in Europe within one year of launch. As well as bringing greater convenience to consumers, itsme® provides merchants, government, and financial institutions with strong, multi-factor authentication that is in line with PSD2, GDPR and is certified for eIDAS.”
Cybersecurity Market
“people now prioritize security over convenience when logging into applications and devices. Generational differences also emerged showing that younger adults are putting less care into traditional password hygiene, yet are more likely to use biometrics, multifactor authentication and password managers to improve their personal security.”
Cybersecurity Market
“Each year, IDENTIFY brings together business leaders, security influencers and thought leaders to discuss best practices in identity and access management (IAM) across multi-cloud and hybrid IT environments. And, it doesn’t stop there. Additional topics also will explore the latest trends and innovations in the industry, including intelligent identity, API security and multi-factor authentication (MFA).”
Cybersecurity Market
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