The adoption of passkeys in digital authentication has shown significant growth throughout 2024, building on the momentum started by major platform providers in their shift away from traditional passwords. While falling short of earlier predictions of 15 billion accounts, password management provider Bitwarden reported a 550 percent increase in daily passkey creation in December 2024 compared to the previous year, with approximately 1.1 million passkeys created in Q4 alone.

Industry-wide implementation of passkeys has expanded substantially, with PasskeyIndex.io documenting an increase from 58 to 115 services supporting passkeys during 2024. The growth follows significant developments in the FIDO2 authentication landscape, including new research revealing both strengths and potential vulnerabilities of synced passkeys. Bitwarden’s reach now extends to more than 180 countries and 50 languages, serving over 50,000 business customers globally.


More

Biometric Update: 10 million passkeys registered for Mercari market app amid phishing crisis

Mercari, the Japanese e-commerce company behind the Mercari marketplace, has surpassed 10 million registered users of…

Read More →

Biometric Update: Yubico simplifies passwordless

Yubico, a provider of hardware authentication security keys, has announced the expanded availability of YubiKey…

Read More →

PYMNTS: Entersekt and Stanchion Team to Enhance Payment Integration

Authentication software company Entersekt has launched a partnership with South Africa-based PayTech solution provider Stanchion. The partnership is…

Read More →


123276 Next