Cybersecurity companies saw a record number of deals last year. This year, multi-factor authentication is one increasingly hot area within the cybersecurity industry.

Multi-factor authentication (MFA) is a security protocol that requires more than one unique credential to verify a user’s identity for a login, or other transactions. MFA protocols usually call for a combination of at least three credentials: a user-created password; information associated with a user’s device, including mobile phones, security tokens, etc.; and increasingly, unique biometric identifiers, such as a person’s fingerprints, voice profile, IRIS scans, and more.

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Source: CB Insights