The Future of Passwords

PASSWORD

Definition: A combination of characters used to verify user identity before granting access

Benefits: Simple to set up and the most common way to verify identity.

Drawbacks: If a password is not strong enough, it could easily be guessed or compromised

MFA

Definition: Multi-factor authentication requires two or more verification methods before access is granted.

Benefits: Extra layer of security and harder to hack due to physical access and biometric factors.

Drawbacks: Requires an extra step for users. Often requires a second device.

PASSKEY

Definition: A passwordless method to verify identity through a private key stored on a device. For users, it’s similar to unlocking a phone with biometrics or a PIN.

Benefits: Strong encryption, easy to use, and could limit phishing and breach success.

Drawbacks: Not available on all platforms or websites and still many unknowns.

Is the future passwordless?

While passwordless authentication is on the rise and has many benefits, as of now, passwords and multi-factor authentication still play crucial role in security. Make sure you follow your company’s preferred method of authentication when accessing accounts and devices.

If you have any questions or concerns contact us.

More information about business cybersecurity and our Business IT plans.

Follow us to get weekly news and information about business cybersecurity and technology.

Learn more about Business Cybersecurity.

Learn more about Harnessing AI for Marketing Automation and Productivity.