Every 2FA has been hacked. Period.
As consumers of the internet, we’ve become fatigued by the constant fear that our data and digital identity will be compromised by cybercriminals. And unfortunately, the problem is only getting worse. So many of the physical things we use to identify ourselves are being replaced by digital versions, which piles more credentials on top of the accounts we’re already struggling to keep secure.
The advice we get when we’ve been hacked is “reset your password, turn on two-factor authentication” but that solution is complicated and more importantly – it costs us time. Simply put, we resist change when it requires us to compromise on convenience.
Ransomware is a type of malware that prevents or limits users from accessing their system until a ransom is paid.
Malware is a general category of malicious code that includes viruses, worms and Trojan horse programs.
Passwords are a terrible form of identity verification.
They're hard to remember, easy to crack, and they result in troves of sensitive user credentials on servers around the world. Cybercriminals stole 3.1 billion passwords in 2016 alone.
Identity information is scattered across a multitude of insecure platforms around the globe, and individuals must endure multiple points of friction to prove their identity repeatedly throughout the day using multiple modalities across multiple systems.
There were over 500m attempted ransomware attacks in 2021
61% of breaches attributed to leveraged credentials
Individuals have on average over 100 user names and passwords
81% of data breaches are the result of weak or reused passwords
A ransomware attack on a business occurs every 11 seconds
$6 Trillion in value lost to identity theft in 2021
The total average cost of a ransomware attack is $1.85M
The highest ransom demand in the first half of 2021 was $50M
5 Factor Authentication
Knowledge, possession, inherence, location and behavior authentication factors in one simple solution.