Customer demand for passwordless authentication has grown exponentially since smartphones first began offering built-in biometric readers. In fact, Mastercard sponsored an Oxford University study of consumer sentiment that discovered just that. A staggering 93% of consumers preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials. Meanwhile, the endorsement and development of passwordless authentication by tech mainstays like Microsoft and Apple are pushing companies to ditch passwords for good. With the support of the FIDO Alliance, an industry association dedicated to making a passwordless future possible, and services like Transmit Security’s BindID, it’s now easy for companies to go totally passwordless in a week or less.


More

American Banker: What banks can learn from phishing attacks on Cloudflare, Twilio

Threat actors targeted two major tech firms with nearly identical phishing schemes last week. In…

Read More →

Microsoft News: Passwordless is here and at scale

Microsoft’s blog post explores Accenture’s journey as they adopted passwordless authentication. With cyber-attacks on the…

Read More →

Associations Now: Tech Talk: 30 Technology Terms Everyone Should Know

Passkey – A new type of security technology being introduced by major vendors such as…

Read More →