Blog | G5 Cyber Security

MFA spending on the rise but organizations still unclear on best practices

MFA adoption and spending is on the rise, but organizations are still unclear on best practices and methodologies, Yubico and 451 Research reveal. The research highlights a variety of barriers to more widespread MFA usage such as inconvenience, complexity, and cost. Privileged users and third parties (contractors, consultants, partners) are the most likely to use MFA, while end customers are the least likely. MFA spending trends are encouraging with 74% of four respondents planning to increase spending on MFA.

Source: https://www.helpnetsecurity.com/2021/04/28/mfa-spending/

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