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).