Fintech Times: Cybersecurity trends for 2024 with TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion

FIDO Alliance’s Andrew Shikiar emphasises the need for enterprises to adapt cybersecurity strategies due to rising AI-driven social engineering threats and a push for greater cyber-transparency. Traditional methods like company-wide phishing training may become inadequate. Shikiar suggests reducing reliance on passwords and adopting passkeys, either synced or device-bound, as a more secure and user-friendly authentication approach.