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Wednesday, November 20, 2024
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MFA, passwordless tech ‘critical’ to IT security: Cisco

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Networking leader Cisco said in a new report that companies recognize and use multi-factor authentication (MFA) and passwordless technologies as important elements of risk reduction and IT security.

Under the motto “Logins in Dangerous Times,” Cisco’s 2022 Duo Trusted Access Report analyzed data from 13 billion authentications with Cisco Duo on nearly 50 million different devices worldwide.

“Digitalization in the region and beyond has paved the way for a surge in cyber threats at every level of the organization. As companies strictly adopt hybrid and remote working models, integral business devices such as laptops and mobile phones are now more vulnerable than ever ,” said Fady Younes, director of cybersecurity for EMEA service providers and MEA.

“At Cisco, we believe that business and IT leaders need to train and ultimately encourage their organization’s workforce to implement MFA and passwordless technologies to ensure their assets are updated with an additional layer of security.”

The report highlights the following key insights:

1. Passwordless adoption continues to rise: Our data shows that since April 2019, the percentage of accounts that allow WebAuthn authentication has increased by 50%, and WebAuthn usage has increased fivefold.
2. Stagnant biometrics: The percentage of biometric-enabled phones has stabilized at around 81% (a slight increase from 2021), suggesting that overall progress in biometrics has stalled.
3. MFA continues to strengthen passwords: Multi-factor authentication is strong while adding the security of using only traditional passwords. Over the past year, the number of MFA authentications using Duo has increased by 38%.
4. Cloud usage continues to rise: More and more certifications are attributed to cloud applications, and the proportion of cloud applications will increase by 24% in 2022.
5. Hybrid work and back to the office: Remote access authentication peaked in 2020 but has since declined. – trade arab news agency


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