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.


More

IT News: Over 200,000 myGov users disable passwords in passkey shift

New figures reveal that over 200,000 users of myGov password stopped using passwords in favour…

Read More →

Mobile ID World: VicRoads Implements Passkeys Authentication System for Enhanced Digital Security

VicRoads, Victoria’s road transport authority, has implemented a passkeys authentication system as part of its…

Read More →

The Payers: Fime secures FIDO IDV certification for identity verification

Fime’s testing laboratories in both EMEA and Taiwan have obtained full accreditation under the FIDO Alliance Identity…

Read More →