The use of multi-factor authentication (MFA) has nearly doubled since 2020 and phishing-resistant authenticators represent the best choice in terms of security and convenience for users, according to a new report by Okta, an identity specialist.
Okta Stresses the Importance of MFA
MFA adds an extra layer of security on top of passwords and other credentials, which are commonly compromised by hackers. MFA verifies identities by asking users to provide different types of information or factors to gain access to an account or application, Okta said.
However, sophisticated cyber criminals have found ways to bypass MFA, prompting organizations to consider phishing resistant MFA, the company said.
Okta said that data for its International Secure Sign-in Trends Report came from analyzing billions of monthly workforce customer logins to its Workforce Identity Cloud across some 16 industries worldwide.
Todd McKinnon, co-founder and chief executive, explained how Okta is advancing zero trust strategies:
“Okta is advancing our customers’ zero trust security strategies by helping them adopt innovations like phishing-resistant MFA. By sharing data on our customers’ adoption of these critical technologies, we can drive greater progress with governments, our partners, and our customers.”
A Closer Look at the Report
Here are key findings from the report: