Earlier this year, Okta announced we’re going 100% passwordless, updating all of the apps and services our workforce uses to be consistent with phishing-resistant policies. Towards that goal, we're making great progress. Each week we analyse thousands of authentication events triggered by our workforce. And this past week, fewer than 2% of those events were password-based, making Okta, as of this writing, 98% passwordless. We’re not alone on this passwordless journey. The drive toward passwordless authentication flows is gaining momentum across all sorts of technical and user landscapes. In fact, Forbes predicts that by the end of 2023, “80% of Fortune 500 companies will have formalised and budgeted” passwordless auth projects. But what’s motivating this movement? There are two major benefits to the passwordless push. The first centers on the user experience, and all of the advantages of being liberated from the password. The second involves your security.
