Singapore has reached a milestone of 5 billion passkeys in use worldwide, as reported by the FIDO Alliance. The adoption of passkeys has been driven by a shift away from passwords, with 80% of people in Singapore aware of passkeys and 65% having enabled one on at least one account. The data also reveals the scale of the damage caused by passwords, with one in seven Singapore consumers experiencing an account compromise or breach notification in the past year. The industry is now addressing the challenges highlighted in the data at Authenticate APAC 2026 in Singapore.

Singapore has reached a significant milestone in digital authentication, with an estimated 5 billion passkeys now in active use globally, according to the FIDO Alliance. This development marks a major shift away from traditional password-based authentication, driven by growing awareness and adoption of passkey technology. In Singapore, 80% of individuals are aware of passkeys, and 65% have enabled one on at least one account according to FIDO Alliance data. These figures reflect broader global trends, where 90% of people are now aware of passkeys, and 75% have enabled at least one as reported by FIDO Alliance.


More

Global Banking and Finance Review: The Growing Role of FIDO and Passkeys in Banking Authentication

Banking’s Authentication Problem Has Changed Banks are no longer fighting simple password reuse. They’re facing real-time…

Read More →

ID Tech: RSA Extends Passwordless Authentication to Linux Environments

RSA has extended its passwordless authentication platform to Linux, bringing FIDO-based, phishing-resistant sign-in to Linux…

Read More →

Benchmark: HID adds governance layer to FIDO authenticators with Enterprise Attestation

Passkeys have made real progress in reducing phishing risk, but they do not tell an…

Read More →


123326 Next

Subscribe to the FIDO newsletter

Stay Connected, Stay Engaged

Receive the latest news, events, research and implementation guidance from the FIDO Alliance. Learn about digital identity and fast, phishing-resistant authentication with passkeys.