Now keep your hand raised if you happen to use the same password for multiple accounts or services. Yes, lots of people do this, and it’s a leading cause for users getting hacked.
Think about it. If someone can gain your password for a single service — either through a data breach, social engineering, or phishing attack — your identity and personal information could be compromised. This can lead to anything from people spying on you covertly to hackers stealing money from your bank account.
But there are alternatives to manually entering passwords. Major vendors, like RSA SecurID, have banded together via the FIDO Alliance to replace passwords for good.
Password keys are unique digital keys that are easy to use, more secure, never stored on a web server and stay on your device and hackers can’t steal Passkeys in a data breach or trick users into sharing them.
Passwords are key to protecting everything we do online today, from everything we communicate to all of our finances but they are also one of the biggest attack vectors and security vulnerabilities users face today.
Identity authentication uses Touch ID or Face ID for biometric verification, and with end-to-end encryption.
Authentication utilises a private key, which is a secret and stored on your device, and a public key that goes on a web server. Phishing is virtually impossible because you never present the private key; you merely authenticate using your device.
Face ID and Touch ID verification give the convenience and biometrics as an example.
So despite all the previous hype around killing the password for good, this time it could be happening for real.
This isn’t a future dream to replace passwords, it is about completely replacing passwords, and it’s starting now.