“As passwordless technology continues to be developed and adopted across the industry, true passwordless access to every site, across every device, application and browser through the FIDO2 standard will take years to achieve,” said chief secure technology officer, Chris Hoff. With over 15 billion stolen passwords on the dark web and 97% of senior security executives reporting an increase in credential theft last year, it’s clear that password-based authentication isn’t doing a good job of preventing unauthorized users from accessing sensitive information. While it will be years before FIDO’s passwordless vision is finally realized for enterprises, it couldn’t come sooner.
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