The technology is too easy to steal or hack, according to experts
Passwords are no longer fit for purpose and should be consigned to history, according to cybersecurity firm Thales. Thales' Digital Trust Index found that password resets are a top frustration for 64% of the public. They're not just inconvenient, but a security risk too with traditional passwords easily hacked or stolen. "Every year World Password Day comes around, and every year we see the same advice about the need for strong passwords issued. The advice simply isn't working.
Instead of the traditional password, the experts believe that we should use passkeys instead. A passkey is a new kind of digital key that aims to replace passwords entirely. Unlike a password, which is a secret phrase or code that you remember and type in, a passkey is a unique digital credential that is stored on your device.
Passwords rely on something you know . These can easily be guessed or stolen, and in many cases used for multiple logins. On the other hand, passkeys involve something you 'have' , and something you 'are' . These are harder for hackers to steal, and are unique for each site - so even if one became compromised, it won't jeopardise your other accounts.
McNally said: "If we need an awareness day, it's time to re-brand and highlight the importance of passkeys. Using cryptographic techniques, passkeys are harder to crack – making them far more secure. They're also automatically generated and can be safely stored on devices, making it easier for the consumer and eliminating the need to create long, complex passwords or phrases.
"We're already seeing great strides in this area, with Google last year announcing that passkeys are now enabled by default for users, with Amazon and Apple adopting too. This is the type of development that needs to be promoted, which is why we strongly believe World Password Day should be consigned to the history books."This World Password Day is a perfect opportunity to implement passkeys where you can, with many companies having started to make them the default.
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