In this discussion, G. Mark Hardy and Nishant Kaushik explore the necessity of moving beyond traditional passwords, which they define as the original sin of cybersecurity due to their vulnerability to credential stuffing and phishing attacks. Kaushik explains that the FIDO Alliance promotes a passwordless future by replacing shared secrets with asymmetric cryptography, utilizing private keys stored on smartphones or hardware tokens like YubiKeys to ensure phishing-resistant authentication. The conversation highlights that identity is the new perimeter, shifting the focus from human-memorized codes to biometric verification and device-bound passkeys that verify user presence. Ultimately, the experts warn that a secure transition must include robust account recovery flows, as failing to secure the “back door” renders even the most advanced cryptographic-based authentication vulnerable to exploitation.


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Biometric Update: 10 million passkeys registered for Mercari market app amid phishing crisis

Mercari, the Japanese e-commerce company behind the Mercari marketplace, has surpassed 10 million registered users of…

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Biometric Update: Yubico simplifies passwordless

Yubico, a provider of hardware authentication security keys, has announced the expanded availability of YubiKey…

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PYMNTS: Entersekt and Stanchion Team to Enhance Payment Integration

Authentication software company Entersekt has launched a partnership with South Africa-based PayTech solution provider Stanchion. The partnership is…

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