OTP vs Biometric Authentication: Which One Actually Keeps You Secure?
Here is a number worth sitting with: according to a 2024 Microsoft study, more than 40% of users who suffered account takeovers had multi-factor authentication enabled at the time of the breach. Not disabled. Not bypassed by stolen hardware. Enabled, and circumvented anyway. The same year, the FBI recorded over 5,100 complaints related to account takeover fraud, with total losses exceeding 62 million. IBM’s cost of a data breach report put the average breach cost at $4.4 million in 2025.