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I see people jumping towards regulation, but that has the side-effect of making it even more difficult for there to be any competition against these monopolies. What we really need is legitimate competition, to enable consumers to vote with their wallet and move to a competitor that takes the security of their customer's private data seriously.

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> making it even more difficult for there to be any competition against these monopolies

If your snappy upstart cellular network can't afford to give out Yubikeys to employees, I don't want you interconnecting with the rest of the phone system.

Also, startups have such an advantage now that there is an ecosystem of COTS and SaaS tooling that can help you do a complete integration strategy. It's arguable MFA regulations would advantage startups because they don't have to deal with the complexity of legacy network piecemeal integration.

I planned and did the roll out of Yubikeys at the last place I worked, before there was a dollar in sales, and the lifecycle could be supported with 2 people (minutes at most out of each day for support) and an integration to our HR platform that automated procurement and mailing of keys.

Ah, the libertarian dream. Unfortunately, utilities such as phone service are often close to natural monopolies, due to the infrastructure overhead.

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