Despite exciting progress toward more secure and usable factors, the best MFA mechanism for consumers really isn’t MFA at all — it’s passkeys. Passkeys are a FIDO authenticator with the advantage of being backed up to the cloud, so if you lose your device or buy a new one, all you must do is sign into your iCloud or Google Play account to recover your passkeys. Passkeys use public key cryptography and device biometrics, making them resistant to many known attacks, and are easy for the user.


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IBSI Views Podcast: (Ep167) How to Ensure Customers have Safe and Secure Access to their Bank Accounts

The FIDO Alliance is an open industry association whose members include the likes of Apple,…

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gi Geldinstitute: More Security for Banks with Biometrics

The financial industry is an extremely popular target for fraudsters. Biometric authentication methods could prevent…

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CHEDDAR: Making the Case for a Future Without Passwords

While the pandemic drags on, our overall reliance on digital technologies has only accelerated. As…

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