Modernization of Authentication: Webinar on MFA, Passwords, and the Shift to Passwordless
Oct 07, 2024
Password Security / Data Security
The interest in passwordless authentication has increased due to the rise of hybrid work environments and widespread digitization. This has led to a greater need for reliable data security and user-friendly interfaces. Without these measures, organizations are at risk of experiencing data breaches, leaks, and significant financial losses. While traditional password-based systems offer protection, they are susceptible to security threats like phishing and identity theft which drives the consideration of going passwordless. Additionally, users often have difficulty remembering multiple passwords, which further jeopardizes security as they tend to reuse the same one for accessing multiple business systems and devices. However, passwordless methods such as biometrics, smartcards, and multi-factor authentication prioritize both data security and user satisfaction. Nevertheless, not all passwordless authentication systems are the same and exhibit their own challenges. The need for depe