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

Biometric Update: Passkeys build momentum, enabling access to 15 billion online accounts

FIDO passkey adoption doubles in 2024 as major firms opt for passwordless log-in Passkeys are…

Read More →

Podcast: The Password Problem

In this episode of the Trust Issues podcast, host David Puner sits down with Andrew Shikiar,…

Read More →

Finextra: Thought Leadership: The Future of Payment Authentication

In this PREDICT 2025 USA interview, Andrew Shikiar, Executive Director and CEO, FIDO Alliance, discusses…

Read More →