Passwords have been a weak link in the security chain for decades. Aside from their reuse, they suffer from problems ranging from poor user experience to costly overhead. Passwordless authentication aims to eliminate the use of passwords, passphrases, and other shared secrets in authentication when verifying users and authorizing payments.
In May 2020, Microsoft proclaimed that more than 150 Million people use passwordless login on Windows every month. To better understand how this trend is accelerating, Cybersecurity Insiders and our partners at HYPR compiled this report based on the feedback of security professionals across the globe. They set out to learn how businesses are adopting this technology.
Where most research has focused on passwords and their many challenges, this first-of-its-kind report addresses the rapidly growing field of passwordless security. Overall, our partners were surprised to find just how many people understand their password problem and are actively working to solve it – with more than half of respondents already using a passwordless technology.