The Green Sheet: Passwordless future within reach, experts say

FIDO Alliance held a virtual conference to assess recent advancement in creating simpler, stronger, authentication methods. The half-day event included panel discussions and fireside chats with experts from Google, Microsoft, Amazon and leading global brands that support FIDO’s mission to create secure, scalable alternatives to passwords. In opening remarks, Andrew Shikiar, executive director of FIDO Alliance, stated that FIDO deployments have helped companies reduce fraud, lower operational costs and boost employee productivity. He additionally noted that companies are looking at top-line benefits of getting users online faster with greater satisfaction and reduced shopping cart abandonment.