Cybersecurity

Acronis secures $250M increasing valuation to $2.5B to increase technical capabilities and datacenter presence

Acronis plans to boost the manpower in engineering, sales, and technical support teams. Currently, the company has 1,600 employees worldwide, with roughly 1,000 of them in technical roles. It plans to double the number of technical employees in Bulgaria, Israel, Singapore, Switzerland, and Arizona within the next 2 to 3 years. 

2021: The year of ditching SMS OTP as 2FA?

In today’s day and age, SMS OTP 2FA brings more liability than it provides value. On the one hand, the security risks grow bigger every day. On the other, the low adoption rates only prove that users find the user experience sub-par.