I fail to see how it is secured. (Though, I can understand that it is less bad than a YOLO policy).
> Many organizations get pretty close -- I'm told that the DoD pretty much authenticates everything with smart cards, for example.
I've been at a place with RSA SecurID (smart card and OTP) + active directory account as SSO authentication for everything (use one or both for 2FA). It was nice and well done.