Yubico

Yubico

Two-factor authentication hardware key provider

Overview

Yubico makes security hardware keys called YubiKey that provide strong two-factor authentication for individuals and organizations. The keys are inserted or tapped to verify identity, working with multiple authentication standards (FIDO/U2F, smart card, and one-time passwords) and offered in models for personal and business use; developers receive tools and documentation to integrate login into their apps and systems. Unlike software-only methods, Yubico blends a hardware device with broad platform compatibility and active developer and enterprise support, selling devices plus services like technical assistance and consulting. The goal is to make login safer and more reliable to protect data and systems across various industries.

About Yubico

Simplify's Rating
Why Yubico is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Cybersecurity

Company Size

501-1,000

Company Stage

IPO

Headquarters

Palo Alto, California

Founded

2007

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Simplify's Take

What believers are saying

  • OpenAI mandated Advanced Account Security for TAC users on June 1, 2026, creating demand.
  • Yubico cut about 45 jobs in May 2026, targeting SEK 95 million annualized savings.
  • Android NFC passkey support and YubiKey Passkey Enabler broaden enterprise deployments from July 7, 2026.

What critics are saying

  • CardAuth Solutions sued Yubico on April 25, 2026 in N.D. California for patent infringement.
  • CVE-2026-46419 hit Yubico webauthn-server-core 2.8.0-2.8.1; any embedded customer stack was exposed.
  • Google, Microsoft, and software passkey vendors compress pricing, while hardware-key demand stays niche.

What makes Yubico unique

  • YubiKey 5.8 on July 21, 2026 extends hardware trust into AI authorization workflows.
  • OpenAI partnership on April 30, 2026 embeds YubiKeys inside ChatGPT Advanced Account Security.
  • Yubico owns the best-known phishing-resistant security-key brand across FIDO2, passkeys, and enterprise attestation.

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Funding

Total Funding

$719.2M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Retirement plan

Wellness benefit

Equity in the company

Learning & development

Global events

Parental leave

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Yubico
Aug 3rd, 2026
The 'air-gap conundrum': when password managers meet the data center floor.

The 'air-gap conundrum': when password managers meet the data center floor. Jonathan Hanlon August 3, 2026 Late one afternoon, a critical legacy server dropped offline. A diligent security admin rushed to the air-gapped data center floor to fix it, but ran into a familiar barrier: clipboard redirection was disabled by policy. Forced to manually transcribe a complex, 30-character randomized password on a rack keyboard, a single slipped finger triggered an immediate account lockout - snowballing a routine five-minute fix into a high-stress, multi-hour P0 incident. This is a broken workflow every SysAdmin and network engineer knows all too well. To bypass this daily frustration, teams often resort to risky workarounds like scribbling temporary passwords on sticky notes or weakening password complexity so credentials are easier to type. For years, maintaining high security and operational practicality in restricted environments has felt mutually exclusive - until now. Introducing "Copy to YubiKey" in Devolutions Remote Desktop Manager (RDM). To solve this challenge, Yubico and Devolutions have partnered to introduce a powerful new feature in Devolutions Remote Desktop Manager (RDM): Copy to YubiKey. This new solution directly bridges the gap between legacy credential requirements and modern hardware security. Instead of forcing admins to choose between compliance and sanity, it turns the YubiKey they already carry into a secure, automated credential injector. Designed to be incredibly seamless for an admin already deep in the RDM dashboard, this feature works once a YubiKey is connected to their workstation. A new "Copy to YubiKey" action dynamically appears on credential entries within RDM. From there, the process takes only a few seconds: * Select the Credential: The admin locates the vaulted, high-entropy password within RDM. * Choose the Slot: They trigger the "Copy to YubiKey" action and select which hardware slot on the YubiKey they want to temporarily use (Slot 1 or Slot 2). * Program the YubiKey: RDM securely programs that specific credential directly into the chosen YubiKey slot as a static password. Because the YubiKey can act as a standard USB keyboard (Human Interface Device), a single physical press of the key instantly injects the credential into any text field - no software, network connection, or clipboard required. Security without the friction. "Copy to YubiKey" is about more than just convenience; it's about fortifying the security posture for the gatekeepers of your infrastructure. By combining Devolutions' connection management with Yubico's gold-standard phishing-resistant, hardware-backed passkeys, the joint solution delivers immediate operational advantages: * Passwords that work where 'copy-paste' doesn't Acting as a hardware keyboard, YubiKey instantly injects complex passwords into restricted interfaces like server consoles and BIOS prompts. * Eliminating the clipboard attack surface Bypasses system clipboards entirely, preventing risks from clipboard history, cloud syncing, and monitoring malware. * Maintaining strict governance and auditing Keeps credentials vaulted in Devolutions RDM so YubiKeys only store deliberately and traceably copied data. * Maximizing the hardware you already carry Uses existing YubiKey configuration slots to safely transport privileged credentials alongside standard MFA workflows. Instead of spending hours manually relaying authentication information between a phone and a terminal, administrators can now bypass the process entirely. Because the credential injects perfectly on the first try, users shift from being a reactive firefighter to a proactive architect. Instead of staring at account lockout screens, they are able to focus on high-value projects that push the business forward. Through this integration, Yubico and Devolutions are ensuring that when you must use a password, you can do so with the speed, accuracy, and physical assurance that modern enterprises demand. Ready to eliminate manual password typing in your restricted environments? * Ensure your team is running the latest version of Devolutions Remote Desktop Manager. * Check out the Devolutions RDM Listing in the Works with YubiKey Catalog for technical compatibility and setup details.

Cyber Press
Jul 22nd, 2026
Yubico introduces YubiKey 5.8 with hardware-backed authorization for AI agent workflows.

Yubico introduces YubiKey 5.8 with hardware-backed authorization for AI agent workflows. July 22, 2026 Yubico has released the YubiKey 5.8, a firmware update that extends the hardware security key beyond login authentication to verify and authorize digital actions, including approvals initiated by autonomous AI agents. Announced July 21, 2026, the update responds directly to the rise of agentic AI systems capable of executing complex business workflows with minimal human oversight. Traditional multi-factor authentication answers one question: who is logging in. As AI systems increasingly initiate transactions, approve documents, and trigger automated processes, security teams face a harder problem: confirming that a specific action was genuinely sanctioned by a human rather than spoofed mid-workflow. Yubico introduces YubiKey 5.8. YubiKey 5.8 tackles this by extending phishing-resistant, hardware-backed cryptography into signature and authorization use cases rather than just session logins. "YubiKey 5.8 represents one of the most significant architectural updates to the modern authentication ecosystem by expanding phishing resistance into the workflows themselves," said Albert Biketi, Yubico's chief product and technology officer. He added that organizations must now enable dynamic verification of human intent as AI agents take on high-consequence business tasks. Yubico introduces CTAP 2.3 support along with preview access to the emerging WebAuthn signing extension, enabling hardware-backed digital signatures through standard APIs without requiring custom cryptographic infrastructure. It also expands Enterprise Attestation to cover 16 Relying Party IDs per key, letting a single YubiKey operate across development, staging, and production environments spanning multiple identity providers while preserving user privacy. The update further adds support for digital identity wallets, privacy-preserving verifiable credentials, and Secure Payment Confirmation for hardware-backed web payments. Persistent PIN and user verification auth tokens cut down on repeated PIN prompts and enable smoother credential autofill, while a new autofill-style credential discovery mechanism works alongside software passkeys to reduce IT helpdesk enrollment overhead. Together, these changes let developers integrate high-assurance signing into document workflows, digital wallets, and AI approval gates using familiar WebAuthn and FIDO2-adjacent standards instead of building bespoke key management backends. Leif Johansson, executive director at the SIROS Foundation, called the signing capabilities "a game changer for digital identity and credentials," noting that FIDO authentication became the industry standard for phishing resistance over the past decade, and that adding signature support opens new applications without introducing platform lock-in. YubiKey 5.8 ships across all major YubiKey product lines starting immediately and remains fully backward-compatible with YubiKey 5.7.4. Two exceptions apply for regulated environments: the YubiKey FIPS Series stays on FIPS 140-3 validated firmware 5.7.4 to preserve compliance, and the YubiKey CCN Series also remains on 5.7.4 pending final re-certification. Organizations in FIPS or Common Criteria-regulated sectors should not expect 5.8 features until those certifications complete. The launch signals a broader industry shift, with authentication vendors treating AI agents as first-class actors in enterprise workflows that require cryptographic accountability. Enterprises building AI-driven approval chains or document-signing pipelines should evaluate whether hardware-backed signature verification closes gaps that session-based MFA leaves open, particularly around non-repudiation and human-in-the-loop validation. Cut SOC investigation blind spots and contain threats earlier to reduce response costs and business disruption with ANY.RUN.

Associated Press
Jul 21st, 2026
Yubico launches YubiKey 5.8 with passkey expansion beyond authentication to verified authorization

Yubico has launched YubiKey 5.8, expanding the device's role from authentication to include hardware-backed authorisation. The new firmware enables secure enterprise workflows across identity wallets, document signing and AI-driven approvals. The update introduces support for the CTAP 2.3 standard and preview support for the WebAuthn signing extension. This allows developers to build secure, privacy-preserving workflows using familiar standards without requiring expensive backend key management systems. Key features include expanded Enterprise Attestation support to 16 Relying Party IDs on a single key and persistent PIN/UV auth tokens for improved user experience. The firmware also supports digital identity wallets, verifiable credentials and Secure Payment Confirmation. YubiKey 5.8 is now shipping across all major YubiKey product lineups. The FIPS and CCN Series will remain on firmware 5.7.4 to maintain regulatory alignment.

Yubico
Jul 21st, 2026
Beyond the login: Top 3 things developers need to know about YubiKey 5.8.

Beyond the login: Top 3 things developers need to know about YubiKey 5.8. Mario Bodemann July 21, 2026 With today's launch of the YubiKey 5.8, Yubico is excited to continue efforts toward shifting passkeys from a mechanism for trusted authentication into a standard for verifiable, digital authorization. For organizations and developers, YubiKey 5.8 now expands the role of identity from simply verifying who a user is to authorizing what they can do with verified human intent. YubiKey 5.8 is now shipping across all major YubiKey product lineups starting today, except the FIPS Series and CCN Series (currently undergoing final re-certification). Hardware-backed passkeys have transformed how the industry approaches identity verification, offering an unprecedented line of defense against modern phishing vectors. Whether signing documents, approving agent-driven actions, confirming medical treatments, or authorizing critical workflows, YubiKey 5.8 enables high-assurance digital actions anchored in hardware-backed passkey trust. Here, Yubico'll detail the top three things developers need to know about the YubiKey 5.8 so that you can begin building passkey-native apps today. Check out its newest webinar with 1Password and SIROS Foundation, "Beyond the Login: Securing Trusted Actions and AI Workflows with Passkeys," for a conversation on the shift from trusted login to trusted action. 1. Hardware-backed digital signatures through preview APIs. Historically, implementing high-assurance digital signatures required spinning up complex, expensive backend Hardware Security Modules (HSMs) or custom Public Key Infrastructures (PKIs). YubiKey 5.8 introduces full support for FIDO CTAP 2.3 alongside a developer preview for emerging WebAuthn signing extension - allowing developers to request cryptographic digital signatures from a hardware security key using the open-standard WebAuthn extension patterns you already use for your login workflows. This directly opens up a an exciting new area of use cases, including: * Agentic AI safeguards: Binding an automated AI workflow's high-risk decisions (like altering production database schemas) to a mandatory human-in-the-loop physical touch. * Decentralized identity: Serve as the secure root-of-trust for digital identity wallets, verifiable credentials, and Secure Payment Confirmation (SPC). 2. Privacy-preserving cryptography (ARKG preview). Yubico know that user privacy is a non-negotiable architectural requirement for next-generation apps. A common roadblock with digital signing tracking is that public keys can accidentally be used by third-party verifiers to collude and track users across separate digital sessions. To solve this, YubiKey 5.8 introduces a developer preview of Asynchronous Remote Key Generation (ARKG) extension. ARKG allows the security key to dynamically generate unique, public keys for distinct workflows. Verifiers can cryptographically confirm the validity of the signature and the hardware origin without ever being able to link or track the user across separate platform interactions. This makes it possible to support emerging initiatives such as digital wallets and payments. 3. Streamlined UX and frictionless credential discovery. Hardware-backed passkeys are incredibly secure, but historically they've had a visibility problem in the browser compared to native software credentials. YubiKey 5.8 implements the latest CTAP 2.3 UX enhancements, including Persistent PIN/User Verification Auth Token (PPUAT) protocol feature. This mechanism allows applications to discover discoverable credentials stored on the hardware key smoothly and intuitively. For the end user, this translates to a streamlined, autofill-like passkey experience inside native apps. Users can leverage system autofill dropdowns to select their security key credentials instantly, significantly minimizing redundant, repetitive PIN prompt bottlenecks throughout a multi-application workspace session. Working together to secure and build for AI-era workflows. Yubico is committed to empowering the developers and engineers with the best security tools, and receiving critical feedback from the community. To kickstart development, Yubico will be hosting the YubiKey 5.8 Virtual Hackathon on August 5, 2026. Accepted developers receive a YubiKey 5C NFC with custom laser-marked "HACKATHON 5.8" to prototype experimental code across trusted AI workflows, digital wallets, secure payments, and more. Join its developer community to learn more about future hackathons and engage with the Yubico Developer Relations team here.

Simply Wall St
Jul 13th, 2026
High Growth Tech stocks to watch in july 2026.

High Growth Tech stocks to watch in july 2026. July 13, 2026 As global markets navigate the complexities of Middle East tensions and energy market volatility, major U.S. indices like the Nasdaq Composite and S&P 500 have shown resilience with gains driven by semiconductor and AI-related shares, while small-cap stocks reflected in the Russell 2000 Index experienced a slight decline. In this environment, high-growth tech stocks can offer compelling opportunities for investors seeking innovation-driven growth potential; however, careful consideration of each company's fundamentals and alignment with prevailing technological trends is crucial for navigating these dynamic market conditions effectively. Top 10 High Growth Tech companies globally. | Name | Revenue Growth | Earnings Growth | Growth Rating | | Hacksaw | 25.41% | 24.79% | | | | Fositek | 29.63% | 37.44% | | | | Shengyi Electronics | 27.53% | 32.56% | | | | Gold Circuit Electronics | 36.81% | 38.20% | | | | Suzhou TFC Optical Communication | 40.39% | 39.78% | | | | Mobvista | 22.88% | 41.07% | | | | KebNi | 27.13% | 90.94% | | | | Unimicron Technology | 32.09% | 53.80% | | | | CD Projekt | 32.95% | 29.66% | | | | CARsgen Therapeutics Holdings | 63.94% | 80.57% | | | Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: Overview: Yubico AB specializes in providing authentication solutions for computers, networks, and online services with a market cap of SEK5.12 billion. Operations: The company generates revenue primarily from its Security Software & Services segment, amounting to SEK2.07 billion. Yubico's strategic integration with the European Cyber Security Organisation underscores its pivotal role in advancing secure digital identities across Europe, particularly as AI-driven phishing attacks surge. This collaboration is set to bolster Yubico's influence in cybersecurity, aligning with recent achievements like the FIPS 140-3 validation of its YubiHSM 2, which fortifies cryptographic security in enterprise environments. With a robust annual revenue growth rate of 11.4% and an impressive earnings growth forecast at 37.8%, Yubico is not only expanding its technological footprint but also solidifying its market position through significant partnerships and enhanced product certifications that meet stringent global standards. Simply Wall St Growth Rating: Overview: Vitalhub Corp. develops technology and software solutions for health and human service providers across multiple regions, including Canada, the United States, the United Kingdom, Australia, Western Asia, and other international markets, with a market cap of CA$462.43 million. Operations: The company, with a market cap of CA$462.43 million, generates revenue primarily from its healthcare software segment, which amounts to CA$119.20 million. Vitalhub's recent performance highlights a robust trajectory in the healthcare tech sector, with first-quarter revenue surging to CAD 31.91 million from CAD 21.67 million year-over-year, complemented by a net income increase to CAD 2.36 million from CAD 1.16 million. This growth is underscored by an annualized revenue increase of 11.6% and earnings growth of 37.5%, significantly outpacing the Canadian market averages of 4.7% and 10.9%, respectively. The company's strategic board changes, including the appointment of new directors and advisory roles aimed at strengthening governance, align with its financial momentum and forecasted earnings growth, positioning Vitalhub for sustained advancement in developing innovative healthcare solutions. Simply Wall St Growth Rating: Overview: Tripod Technology Corporation is engaged in the processing, manufacturing, and sale of printed circuit boards and related components across various countries including Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, Mexico, and internationally with a market capitalization of approximately NT$235.73 billion. Operations: Tripod Technology focuses on the production and sale of printed circuit boards, generating a significant portion of its revenue from this segment, which contributes NT$76.97 billion. The company operates in multiple countries, leveraging its international presence to support its business activities. Tripod Technology's recent financial outcomes reflect a robust upward trajectory, with first-quarter sales climbing to TWD 20.96 billion, up from TWD 17.13 billion the previous year, and net income rising to TWD 2.95 billion from TWD 2.36 billion. This performance is bolstered by significant earnings growth of 21.5% over the past year, surpassing the electronic industry's average decline of 4%. The company also stands out with its high non-cash earnings and a forecasted annual profit growth rate of 26.5%, which is expected to outpace Taiwan's market average of 25.6%. These figures underscore Tripod's potential in leveraging advanced technologies and market position to sustain its growth momentum in a competitive sector. Seize the opportunity. * Delve into our full catalog of 207 Global High Growth Tech and AI Stocks here. * Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. * Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Searching for a fresh perspective? This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. New: manage all your stock Portfolios in one place. - Connect an unlimited number of Portfolios and see your total in one currency - Be alerted to new Warning Signs or Risks via email or mobile - Track the Fair Value of your stocks Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

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