According to a recent cyber-malware report, the average cost of data breach has reached 4.44 million USD worldwide during 2025. a major conclusion is to replace passwords for passkeys. more and more companies, especially in Israel, focus on a SaaS approach . a tiny breach can lead to big problems. For that, we have a key for better protection. Hardware-based MFA are to become the norm.
The times are a’ changing, that’s for sure. With the rapid proliferation of Artificial Intelligence (AI) in all things tech, the Hacking, or Cyber-attack, world had taken notice. To put it bluntly, AI is becoming a regular tool used by hackers nowadays. A recent report by IBM had found that the average cost of data breach in organizations worldwide in 2025 was 4.44 million USD. Not only that, among the 600 organizations examined, the average timeframe between Mean Time To Identify (MMTI) Cyber attacks to Mean Time To Contain (MTTC) was 241 days. An improvement from 257 days five years ago. But still.
Furthermore, 13% of organization experienced an AI related breach of data. Additionally, main causes of data breaches were insider threat, third party situations and phishing attacks. The phishing attacks were 16% causes. Regarding phishing actions, AI was identified to be a major tool to generate an attack very quickly in minimum low cost. Identifying the attacks of the future. According to the IBM report, one of the best ways to cope with this surge in algorithm-generated attacks is with one physical accessible solution. Namely, the Physical access key, or Passkey in short. Bygone are the days of password only renderings.
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Thus, the protection of tomorrow is based on a encryption-hardware combo. E.D.E. Electronics Ltd. is proud to present the solution to shield against the future’s expanding array of cyber threats. Your Cyber shield. Your iShield. Created by storage and encryption specialist Swissbit, this iShield security key is the most encryption, standardized and rigorous security Physical Identity Verification (PIV) solution out there.
Already in its second generation, the iShield security key is highly customizable and more in tune with the specific security needs of each and each demand. With a Near Field Communication (NFC) solution, and highly standardized for the current regulations worldwide, this is the shield for you in the Cyber world. The AI induced threats are not only reserved in part of the attacker, but also with the attacked un regulated, unchecked usage of AI.
From the attacks side, 35% OF AI-based data breaches used deepfakes. 63% of total organizations had no governance policy. Regardless, use of AI in defense reduces the overall costs in terms of attacks. As a result, it seems that the Multi Factor Authentication sphere needed that physical push towards a more grounded, well-balanced tech.
Additionally, Phishing attacks are appearing to be the go-to AI-driven attack. Alternatively, the exploitation of human error. Especially for such a scenario, the iShield key was created. Furthermore, the iShield was encrypted from day one with a Hash-based Message Authentication Code One-Time Password (HOTP) or alternatively Time-based One-Time Password (TOTP) solutions. “The thing that’s better than a password, is a passkey. Nobody can steal your password if you don’t have one” said a Cyber IBM expert.
Dr. Eran Weis, E.D.E. Electronics CEO, stated that “the future of protection in our Cyber world is clearly a passkeys-based defense systems. For better operability you need a better foundation. Swissbit’s iShield key is the best possible passkey out there. In terms of hardware quality, encryption standards and suitability for harsh conditions”, and provided insight: “the iShield key comes in two classifications, the Pro who want the solid solution, and the standardized key for those who didn’t yet experience a full-scale cyber shield. The world is vast and full of troubles. You need cyber protection you could trust. That you could rely on. The iShield is the physical shield, for your unguarded still cyber problems”.
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