May 6, 2021 in Member Spotlights by DIACC
Yubico was founded in Sweden with the mission to protect all internet citizens, making secure login easy and available to everyone.
2. Why is trustworthy digital identity critical for existing and emerging markets?
Stolen credentials are a top online security risk for individuals and companies. Breaches cause severe financial, brand, and personal impact. It’s critical that people, and organizations, have access to solutions for all their different requirements.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
Digital identity is critical for citizens, governments, and the private sector. As our lives move more and more online, our ability to identify ourselves in a secure, easy way will be key in order to access government systems, banking, and interact with goods and services providers.
4. What role does Canada have to play as a leader in this space?
Canada has the opportunity to be a world leader in the digital identity space. Our emergence as a highly desirable destination for up-and-coming tech companies, along with the coinciding tech talent, places Canada in a unique position. In order to capitalize on Canada’s emergence, it will require a strong partnership between the private and public sectors to help enable citizens, clients, and employees to have a safe online experience. Organizations like the DIACC are paramount in bringing together the key stakeholders to help achieve this shared goal that will truly benefit every Canadian.
5. Why did Yubico join the DIACC?
Yubico has been a leader and innovator in the authentication space for over a decade. In 2020 Yubico decided to put its first sales and technical resources in Canada due to the growing demand for our products. DIACC has a reputation for bringing together like-minded organizations and people that share a vision of improved digital identity.
6. What else should we know about your organization?
Yubico pioneered the design of the first one-time password authenticator to work with a simple touch and with no client software, and we made it compatible with the open authentication standard OATH. We then further secured and simplified the PIV smart card standard by adding touch-to-sign and built-in attestation. Yubico collaborated with Google and Microsoft to co-create the FIDO Universal 2nd Factor (U2F) and FIDO2 open authentication standards. Our work has contributed to open identity standards organizations W3C, IETF, FIDO Alliance and OpenID.