HC3 Intelligence Briefing Multifactor Authentication TLP White, March 19, 2020

A new report released by the World Economic Forum finds that freeing ourselves of passwords will actually make us safer and businesses more efficient.

Cybercrime is set to cost the global economy $2.9 million every minute in 2020 and some 80% of these attacks are password-related. Knowledge-based authentication –whether with PINs, passwords, passphrases, or whatever we need to remember –is not only a major headache for users, it is costly to maintain.(World Economic Forum)