Relying on old-school authentication methods gives the bad guys a helping hand in data breaches. FIDO report found that practically all businesses rely on passwords to authenticate users of some business functions. Multi-factor authentication (MFA) – the use of two or more factors to secure access – is a more robust model that helps reduce the risk of compromised credentials. Only 5% of businesses offer MFA to customers or leverage it within the enterprise. MFA use is a signal that corporations are lax in data protection; criminals may be less likely to compromise credentials belonging to customers.”]