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The Multifactor Authentication (MFA) market is a subset of the IT Security industry. It is focused on providing additional layers of security to protect user accounts and data from unauthorized access. MFA solutions typically require users to provide two or more pieces of evidence to prove their identity, such as a password, a biometric scan, or a one-time code sent to a mobile device. This makes it more difficult for attackers to gain access to accounts, as they would need to have multiple pieces of information.
MFA solutions are becoming increasingly popular as organizations look to strengthen their security posture. They are often used in conjunction with other security measures, such as encryption and access control, to provide a comprehensive security solution.
Some companies in the MFA market include Auth0, Duo Security, Okta, and Microsoft. Show Less Read more