Usernames and passwords have been the most common authentication method for digitally accessing an account. However, passwords are vulnerable to compromise through a variety of attack vectors. “Passwords are fundamentally flawed, because they can be hacked, forgotten, and stolen,” says Andrew Shikiar, executive director and chief marketing officer for the FIDO Alliance. “It’s also tough to enter passwords on keyboardless devices. Plus, more than 80% of data breaches can be tracked back to passwords.”
More FIDO in the News
CNET: Facebook now lets you lock down logins with a key
CNET reports that social media giant Facebook is now enabling users to lock down their…
Ars Technica: Now there’s a better way to prevent Facebook account takeovers
Facebook is joining a handful of online services—including Google, Dropbox, GitHub, and Salesforce—in supporting security…
American Banker: Why banks should consider taking a page from Facebook on security keys
American Banker poses the question, “If Facebook brings physical security keys using FIDO authentication to…
