Finding the right authentication technology can be challenging. Companies strive for a solution that achieves the lowest risk of unauthorized access to their businesses' data, be that in the form of sensitive GDPR- and HIPAA-protected information or highly-confidential collateral stored in globally-distributed databases, without encumbering the end user. With threat actors targeting the weakest points of a company’s security — their people — this means investing in technologies that replace passwords with stronger, simpler user authentication.
Why move toward passwordless authentication?
For companies trying to deliver seamless and secure user-experiences, passwords are a real pain. Either they’re complex — and therefore difficult for employees and customers to remember — or they’re prime targets for nefarious hackers. Not only that, but remembering different login credentials across multiple apps and websites can be a huge headache for users, and strain IT teams with endless “lost password” resets...or worse, massive security risks.
According to Verizon’s 2017 Data Breach Investigations Report, 81% of all breaches used either stolen or weak passwords. In order to protect their employees and customers from credential phishing, password spraying, and brute force attacks, companies must rethink whether their password policies are sufficient to secure sensitive data. In fact, the best password is no password at all.
Learn more: Is passwordless authentication actually secure?