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Wisdom about two-factor authentication based on facts

There is one quote in the Verizon DBIR that speaks volumes about the value of two-factor authentication to enterprise users:

If data could start a riot (“Occupy Passwords!”), we could use these statistics to overthrow single-factor passwords: the supreme ruler in the world of authentication. If we could collectively accept a suitable replacement, it would’ve forced about 80% of these attacks to adapt or die.

Authentication-based attacks are using in 4 out of 5 attacks. Same as last year.

There are indeed attacks against two-factor authentication and Verizon makes it clear that the attacks will adapt, but that is the nature of the game.  Did you pull your anti-virus and firewalls when they were circumvented?

Strategically, two-factor authentication must be one of the top security tools for enterprises. What else will impact 80% of attacks?

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