It’s a complex journey that requires support and development efforts from millions of technology providers.īut the passwordless push has already started. True passwordless access to every site, across every device, browser, and site, through the FIDO2 standard will take years to achieve. The experts agree: passwordless will not happen overnight. In one Gartner survey, 64% of participants said a passwordless world would allow them to manage all their accounts with ease, and 40% would feel “more relaxed” overall. Increased productivity, less time lost to managing passwords and gaining access.Seamless security experience for both IT and users (think maximum security with minimal effort).Reduced time and cost spent on security education and training.Less time spent on password security management, which reduces the burden on IT departments, as password resets and management take up a significant amount of time and resources.While organizations can implement stronger security standards and protect assets, data, users, and customers, reducing overall vulnerability, they can also benefit from: But there are benefits for businesses and users that go even beyond that. Passwordless is the smarter security option. The solution to the password problem? Eliminate passwords altogether. “Hackers don’t hack, they log in.” – David Turner, FIDO Alliance Senior Director of Standards Development The threat landscape is evolving on a daily basis, and sometimeseven professional cybersecurity experts can have trouble recognizing a modern phishing attack, a top social engineering tactic. If you have pictures of your pets online and you also use their names as part of your password protection, it might only be a matter of time before someone accesses your account. Bad actors know that people tend to use something familiar or from their own life when creating passwords and can glean worlds of information from social media accounts and other web activity. Social engineering also makes password theft easier than ever. “The bad guys are very aware of password reuse.” – Alex Cox, LastPass Director of Information Security This means if any of the accounts are compromised, then all the accounts that use that password are at risk. With that many passwords to remember, employees will use shortcuts to make things easier, which is why people tend to reuse passwords across multiple accounts or use roughly the same passwords with only slight changes or variations. While password hygiene demands unique passwords for each of these accounts, the reality of password usage is much different. The average user can have over 100 logins. The internet of today has the same problems – the need for secure access – but on a much larger scale. As the internet evolved and grew, people needed a way to safeguard and secure information from being accessed by anyone who wasn’t meant to have it. This World Password(less) Day, we spoke to Alex Cox, security and cyber threat intelligence expert, and David Turner, FIDO Alliance Senior Director of Standards Development, about the why and how of our journey to a passwordless future, and how your organization can begin solving the password problem. But there’s a problem with passwords, and we need to stop relying on them. Almost any system, app, or device we access is dependent on passwords to log in. Passwords have been the cornerstone of online security for decades.
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