Use of multi-factor authentication nearly doubles since 2020

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Today, Okta, Inc. released its international Secure Sign-In Trends Report. The report, which analyzes billions of monthly workforce customer logins to Okta Workforce Identity Cloud across more than 16 industries around the world, reveals that the use of multi-factor authentication (MFA) has nearly doubled since 2020 and that phishing-resistant authenticators represent the best choice in terms of security and convenience for users.

Other report highlights

90% of Okta administrators and 64% of users signed in using MFA during the month of January 2023.
The technology industry is best placed to move to a passwordless future, with 87% of account logins already using MFA. Insurance (77%), professional services (75%), construction (74%) and media and communications (72%) round out the top five industry adopters. Highly-regulated industries, such as finance and banking (60%) and healthcare and pharma (56%), tend to lag behind, according to the report.
Organizations with fewer than 300 employees (79%) exceed the MFA use of enterprises with more than 20,000 employees (54%).

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