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Passwordless Authentication: How Giving Up Your Password Might Make You More Secure

Whitepaper

Published October 2020
thales_passwordless

Passwords are one of the oldest security tools in the world of software and the internet. But in today’s environment, passwords cannot provide enough protection for businesses for several reasons.

Policy-driven password strengths and rotation leads to password fatigue, thereby contributing to poor password management. Verizon’s Data Breach Investigation Report indicates that over 70 percent of employees reuse passwords for work and personal accounts. A malicious actor could therefore abuse an employee’s credentials to access other applications and sensitive customer information.

People also tend to pick easy-to-hack passwords because of the trouble they have with remembering passwords. An analysis of over five million leaked passwords showed that 10 percent of people used one of the 25 worst passwords. Seven percent of enterprise users had extremely weak passwords.