FIDO study shows: passwords to be replaced by better alternatives in the next few years
A study conducted by the FIDO Alliance (Fast IDentity Online) and LastPass shows that passwords in companies will largely be replaced by secure alternatives in the next few years. According to the survey, most IT executives believe that by 2028, less than 25 percent of logins will be through passwords. Already, 95 percent of respondents are using passwordless alternatives such as passkeys to increase security. The majority of IT managers plan to manage passkeys via third-party password managers.
More FIDO in the News
The Verge: Passkeys: All the news and updates around passwordless sign-on
By using authentication mechanisms built into a users own device offering heightened security, passkeys are…
Dark Reading: Getting Started With Passkeys, One Service at a Time
Executive Director of the FIDO Alliance, Andrew Shikiar, emphasized the potential for over 7 billion…
Fintech Times: Cybersecurity trends for 2024 with TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion
FIDO Alliance’s Andrew Shikiar emphasises the need for enterprises to adapt cybersecurity strategies due to…
