Password-free online authentication a step closer
The draft technical specifications for a new authentication protocol, which could eliminate the use of passwords in the future, have been released.
The Online Security Transaction Protocol (OSTP) was developed by the Fast IDentity Online (FIDO) Alliance, an open industry consortium delivering standards for simpler, stronger authentication.
According to Forrester Research, the online services industry is seeing more than $200bn in annual losses from password breaches, while the Verizon 2013 Network Investigations Data Breach Report states that 76% of network intrusions exploit weak or stolen credentials.
MORE FIDO in the News
Kuppingercole: Passwordless for the Masses
Microsoft Azure AD support for FIDO may be the final...July 12, 2019
BangkokPost: Building trust in the age of data breaches
The Thai government should be considering industry-backed authentication such as...July 11, 2019
BleepingComputer: Microsoft Azure AD FIDO2 Passwordless Sign-In in Public Preview
Microsoft has announced public preview support for FIDO2 security keys...July 10, 2019