Yubico, the leading provider of hardware authentication security keys, announced that it is now publicly traded on Nasdaq in Stockholm under the ticker symbol YUBICO.
Yubico announced plans to go public through a merger with Swedish holding company, ACQ Bure. This will expand Yubico’s resources globally and ensure that more organizations and consumers can be protected from cyber threats, including AI-powered phishing schemes and ransomware attacks.
Yubico company was established in 2007. The company is headquartered in Stockholm and Santa Clara, CA. It is a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and Internet accounts.
The company provides the gold standard for phishing-resistant multi-factor authentication (MFA), making secure login easy and available to everyone. Yubico’s unique solutions enable organizations to trace the source of 90% of cyber attacks. Their solutions enable passwordless login using the most secure form of Passkey technology.
In addition to the above solutions Yubico is the creator and main contributor of FIDO2, WebAuthn and FIDO Universal 2nd Factor (U2F) open authentication standards.
What is Yubikey?
YubiKey is a small USB drive manufactured by Yubico. It acts as a Two factor authentication tool to protect your computers, networks, online services and operating systems. You must have heard about Google’s two factor authentication service which protect your google account by adding a second layer of security. In the same way Yubikey acts as a second layer security but with USB drive.
How to secure Google Account with Yubikey?
Google provide two layer security option for your Google account. You can also use Yubikey instead of google’s second layer of security. But if you have already set Two factor authentication, then to use Yubikey you have disable it. Here is the step by step process to secure your Google Account with Yubikey.
- Go to Google account’s sign in and security page.
- Select Signing in to Google
- Click on on Two-Factor Authentication.
- Scroll down to find Security key option.
- Click on “Add Security Key”.
- Now Google will tell you to plug in, tap, and name your Yubikey.
- Follow the process.
- Now you will see your Yubikey option.
Yubico is Trading as YUBICO on Nasdaq in Stockholm.
Yubico’s headquarters is in Santa Clara, California, United States.
The competitors to Yubico may include Sonatype, Bitglass, CrowdStrike, SecurID, Arculix and DBT Labs.