The Future of Authentication: Say Goodbye to Traditional Passwords

In a world where cybercriminals are constantly on the lookout for vulnerable passwords, it’s time to step up our game when it comes to authentication. Gone are the days of traditional passwords that are not only insecure but also a pain to use. According to a 2023 Forbes Advisor report, 46% of Americans had their passwords stolen within the previous year.

Enter passkeys. Based on the FIDO2 standard and capable of utilizing biometrics, passkeys are revolutionizing the way we authenticate. Google’s 2023 Security Blog notes that passkeys offer a simpler and more secure authentication experience, with an authentication success rate of over 63% compared to the below 14% success rate of traditional passwords. Plus, passkeys are twice as fast to log in with.

While biometric authentication may not be foolproof, FIDO2 is making significant improvements in terms of cost of ownership, time to value, and customer friction for companies. For users, the benefits are clear: no more forgotten passwords, fewer security incidents, and increased productivity. Despite misconceptions about biometrics, the truth is that biometrics pave the way for smoother and safer authentication processes.

It’s time to do the math and realize that the future of authentication lies in passkeys and biometrics. Say goodbye to the hassle of traditional passwords and embrace the security and convenience of modern authentication methods.