YubiKey (hardware security token)

A YubiKey is a hardware security token developed by Yubico that provides strong two-factor, multi-factor, and passwordless authentication. It connects via USB, NFC, or Lightning to securely verify a user’s identity without relying solely on passwords. YubiKeys support authentication standards like FIDO2, U2F, OTP, and smart card (PIV), making them versatile across applications.In compliance and financial services, YubiKeys are used by banks, fintechs, and enterprises to protect sensitive systems, secure customer access, and meet regulatory requirements for strong authentication, such as the EU’s PSD2 Strong Customer Authentication (SCA). Unlike SMS or app-based codes, hardware tokens like YubiKey are resistant to phishing, SIM-swap attacks, and malware interception, ensuring higher levels of account security and data protection.