Most breaches involve a stolen password or credential, but ironically enough, passwords are still a popular way to protect your online identity. A study conducted by Google revealed that 52% of people reuse the same password for multiple accounts, making it easy for hackers to guess your passwords. Thankfully, there has been a major shift towards a passwordless future with the development of FIDO2 by the FIDO Alliance and the World Wide Web Consortium (W3C). 

By using FIDO2, your smartphone will serve as your identity authenticator and store a passkey with the help of public and private key cryptography.


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FinAINews: Podcast | Mastercard focuses on ‘Verifiable Intent’ for agentic payments, CDO says

Nearly a year after launching Agent Pay, Mastercard is focused on developing trust to drive adoption.  “The…

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Digital Journal: Forgot your password? Canadian retailers could be losing sales because of it

Online shopping has become an integral part of Canadian life. Whether purchasing groceries, booking travel,…

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SC Media: Why yesterday’s identity security standards no longer work for banks

COMMENTARY: Banks are at a cybersecurity inflection point. Anthropic’s powerful Mythos model has prompted alarm throughout the…

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