![]() ![]() ![]() When you address passwords, you’re addressing data breaches, according to Shikiar. Indeed, according to Verizon’s 2023 Data Breach Investigations Report, 74% of all breaches include the human element and stolen credentials. The FIDO Alliance has been working on reducing reliance on passwords for over a decade.Īndrew Shikiar, executive director of the FIDO Alliance, explained that a key ambition behind this initiative was addressing the fundamental data breach problem: Most data breaches involve stolen passwords. FIDO - which is similar to Bluetooth device pairing - makes it possible with a set of widely adopted open standards. Passkeys change the game by reducing organizations’ threat surfaces and making log-in tasks across devices infinitely easier thanks to the pairing of biometric authentication with asymmetric cryptography. People, on average, juggle some 100 passwords, according to one study by NordPass, and they still tend to use the same passwords across accounts - an open invitation to brute force exploits. When the FIDO Alliance (Fast Identity Online) holds its virtual Authenticate Virtual Summit on passkeys event this week, the focus will be on how enterprises are shifting away from passwords to the new passkey standards and technical innovations, constituting the latest advance in public key cryptography.Īnd well they should. The FIDO Alliance’s Andrew Shikiar explains how passkeys are quickly replacing passwords as the next-generation login, a low friction, high security protocol for any device. How FIDO2 Powers Up Passkeys Across Devices ![]()
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