On the dark web, cybercriminals have developed markets where passwords are bought and sold. Ransomware attacks are often performed using stolen passwords, Axios reports. Passkeys are generally considered more secure than passwords because hackers would need both the user’s information and the information from the company. If 1Password’s beta testing is successful, its current business model will fade into obscurity, and modern-day passwords will be a relic of a past, less secure age.


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