In 2024, companies will see more adoption of passkeys and other MFA methods to access business assets. Passkey adoption, along with biometrics, hardware tokens, and public-key cryptography, will replace the use of passwords. These security technologies will also help mitigate phishing and social engineering, which target credential theft. One way to reduce risk and boost security patches is the usage of proximity badges, physical tokens, or USB devices (FIDO2-compliant keys).


More

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,…

Read More →

gi Geldinstitute: More Security for Banks with Biometrics

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

Read More →

CHEDDAR: Making the Case for a Future Without Passwords

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

Read More →


Subscribe to the FIDO newsletter

Stay Connected, Stay Engaged

Receive the latest news, events, research and implementation guidance from the FIDO Alliance. Learn about digital identity and fast, phishing-resistant authentication with passkeys.