More Companies Don’t Rely on Passwords Alone Anymore
A new survey by ThumbSignIn, One World Identity and Gluu indicates that while most businesses no longer merely use passwords to secure their data, a significant number (40%) still do. 36% of companies use passwords with two factor authentication (2FA). However, 2FA is often still a relatively weak form of authentication, especially compared to other options like biometrics.
The study also found that while 3 in 4 firms (75%) recognize the security benefits of implementing biometric authentication, companies are more interested in biometrics because of the advantages it brings to the user experience.