Statistics Illustrate the problems with passwords and how FIDO provides a scalable solution

The FIDO Alliance maintains a large database of industry statistics related to legacy authentication methods, as well as successes companies have achieved by deploying FIDO. The statistics on the Alliance homepage come from these sources: 

The Password Problem


Hacking-related breaches are caused by weak or stolen passwords

Source: Verizon Data Breach Report


Rise in malicious phishing emails since q4 2022

Source: SlashNext 2023 State of Phishing Report


Rise in credential phishing in particular since q4 2022

Source: SlashNext 2023 State of Phishing Report


Consumers have noticed phishing messages become more sophisticated in last 60 days

Source: FIDO Alliance 2023 Authentication Barometer

The Benefits of FIDO are Clear


time reduction

Source: Mercari 


Improvement in sign-in success rate (vs passwords)

Source: Google


Reduction in abandonment rates

Source: Air New Zealand


Password reset reduction

Source: HYPR


Remote ID Verification – Bringing Confidence to Biometric Systems Consumer Insights 2024

How can we verify users are genuine in an online world? Online identity theft has…

Read More →

The 2023 Workforce Authentication Report: Embracing the Passwordless Future

Businesses are readily embracing the passwordless road ahead. Which direction is your organization going? In…

Read More →

FIDO Alliance study reveals growing demand for password alternatives as AI-fuelled phishing attacks rise

Increased desire for biometrics and awareness of passkeys increases imperative on service providers to enable…

Read More →

123 Next