72 percent of companies plan to ditch passwords by 2025

  • 30 June 2016
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Userlevel 7
By Ian Barker
 
Security professionals increasingly believe that usernames and passwords provide insufficient security, and 72 percent think they will be phased out within nine years.
This is among the findings from mobile identity company TeleSign which also shows that security professionals are increasingly turning to effective, easy to implement technologies such as behavioral biometrics and two-factor authentication to secure user accounts.
 "The vast majority of security professionals no longer trust the password to do its job," says Ryan Disraeli, co-founder of TeleSign. "Thankfully, most companies aren't resigning themselves or their users to password-only account security. They are implementing two-factor authentication in droves and newer technologies such as behavioral biometrics are emerging to address many of the concerns developers have around adding new tech to their applications".
Nine out of 10 companies say behavioral biometrics would be extremely or very valuable for increasing security and eight in 10 say it would increase security without degrading the user experience. More than half of companies (54 percent) plan to implement behavioral biometrics in 2016 or later.
 
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Userlevel 7
Well, good luck to them...I do not think that biometrics of 2FA (which is already obsolete) will fare any better than passwords, and in some cases may well fare worse. IMHO it the end of the day it is not the method or mechanism but the education in it's use of the people who use it...this is a case of blaming the tools as being at fault rather than the users of the tools. When will they ever learn.

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