Everyone seems to want to stop passwords from being used. Professionals of security and IT loathe them because criminals often use them to hack organizations. Anyone who handles user experience dislikes passwords, because they’re not very user friendly.
But that’s evolving. Passwordless authentication has been made possible by smartphones equipped with biometric sensors. Instead of authenticating using what you know, individuals use who they are. Employees and Customers can authenticate quicker and easier while organizations increase their security.
Here are the top five reasons for using Passwordless Authentication.
1- Better security by eliminating phishing attacks and the use of stolen credentials
Threat actors continue to use passwords for organizations to infiltrate. Of the 41,686 security incidents dealt with in the Verizon Data Investigations Breach, passwords were attributed to 61 percent. In 29% of the attacks, phishing was the cause of 32% of incidents and stolen credentials, which are still a prominent infiltration vector, were used.
Going Passwordless eliminates password-associated security problems. If there are no passwords to con off employees, phishing is not a threat. And in other attacks, when passwords are removed from authentication, they cannot be stolen and used by threat actors.
2- Hassle-free authentication
It is a pain to use passwords. They must be developed. They need to be recalled. And they’re easy to forget, despite people’s best efforts. Which results in the hassle of resetting a password. The procedure may include calling the support desk or emailing it and waiting for anyone to either take your call or answer your email.
Passwordless authentication prevents all this. Nothing to make, recall or type in is there. Instead, you contact the fingerprint sensor on your smartphone or use the facial recognition capability of the device for authentication.
3- Increased your teams productivity
Eliminating login resets indicates improved productivity for workers. You can’t do your work because you can’t enter an application or program because you forgot your password. You’re looking and gazing at your computer while waiting for the IT department to reset your password, instead of running a survey or working on a presentation. A seemingly trivial activity, such as resetting a password, will take much longer than planned and occupy a majority of the working day.
The productivity of employees is not affected by password resets. Also affected are IT workers. They could focus on more meaningful initiatives that help the organization achieve its strategic targets instead of resetting passwords. Going passwordless helps personnel from both divisions to recover their time from resetting passwords.
4- Give people the authentication experience they expect
The way people authenticate has altered consumer technologies. Passwords are down, biometrics and smartphones are in. Individuals choose to press their phone’s fingerprint sensor or use the device’s face recognition system instead of recalling and punching in a lengthy password.
Quick, simple and smooth is the authentication experience they want. The inverse of what passwords normally offer, in other words. And they tend to do it in contexts beyond instances of customer use, such as accepting internet transactions, obtaining job apps, and opening bank accounts. Passwordless offers individuals with the experience of security they desire.
5- Authentication is going Passwordless
Microsoft is replacing passwords with employee access biometrics and wants other firms to follow suit within six years. Meanwhile, Gartner said that “60% of large and global businesses and 90% of medium-sized businesses will implement passwordless methods in more than 50% of use cases by 2022, up from 5% in 2018,” by 2022.
Given the backing of Microsoft and the insights of Gartner, passwordless authentication isn’t a passing trend. In a few years, it’s on track to become the predominant way individuals authenticate. Passwordless organizations today benefit from increased security, reduced operating costs and an improved customer interface.
More about Oxyliom