Why passkeys

The password problem persists, but the solution is accelerating

Despite years of warnings from security experts, passwords remain the Achilles’ heel of digital security. According to Dashlane data, the average person now manages 301 passwords across their personal and work accounts. Yet, credential abuse remains the most common initial attack vector.1 For CISOs and IT leaders, the problem is clear: The authentication method designed to protect users has become their greatest liability.

“The FIDO Alliance’s own data shows that passkeys significantly reduce sign-in time and have a much higher success rate compared to other authentication methods, meaning customers are able to get to the checkout cart more easily.”

Andrew Shikiar, CEO and Executive Director, FIDO Alliance


More

Enterprise IT News: Why APAC can lead the world in FIDO and passkey adoption

Asia-Pacific (APAC) is one of the most-attacked regions globally — accounting for 34 per cent…

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ID Tech: Better Identity Coalition Circulates Draft Voluntary Code of Conduct for Verifiable Credentials

The Better Identity Coalition has circulated a draft voluntary code of conduct it describes as…

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Biometric Update: Passkeys offer potential solution to increased deepfake attacks on financial services

Among sectors vulnerable to AI-assisted fraud attacks, the financial industry is perhaps the ripest. With…

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