It’s nearly two decades since Bill Gates predicted the passing of the traditional username and password, warning that this archaic security combo simply wasn’t up to the task of keeping information safe and secure in the long term. Passwords will not be around forever and if we are ever to get serious about cyber security and the protection of data, we have to find another way. That’s one of the main reasons why passwordless authentication is gaining so much popularity as a more secure and convenient alternative to traditional passwords. And it seems the industry agrees. Tech giants Apple, Google, and Microsoft announced last May that they would support FIDO2 — authentication specifications based on public key cryptography and international standards — to enable passwordless authentication across devices. 


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FinAINews: Podcast | Mastercard focuses on ‘Verifiable Intent’ for agentic payments, CDO says

Nearly a year after launching Agent Pay, Mastercard is focused on developing trust to drive adoption.  “The…

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Digital Journal: Forgot your password? Canadian retailers could be losing sales because of it

Online shopping has become an integral part of Canadian life. Whether purchasing groceries, booking travel,…

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SC Media: Why yesterday’s identity security standards no longer work for banks

COMMENTARY: Banks are at a cybersecurity inflection point. Anthropic’s powerful Mythos model has prompted alarm throughout the…

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