FIDO Alliance prepares for industry adoption of strong authentication in 2015

  • 12 December 2014
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This makes me wonder what after all the breaches we have had this year we will be saying at this time next year.
 
Posted on 12 December 2014. The FIDO (Fast IDentity Online) Alliance published final 1.0 drafts of its two specifications – Universal Authentication Framework (UAF) and Universal 2nd Factor (U2F). Members of the FIDO Alliance comprise device manufacturers, online service providers and enterprises, who can now implement and broadly commercialize FIDO 1.0 specifications to make authentication simpler and stronger for all.

“Today, we celebrate an achievement that will define the point at which the old world order of passwords and PINs started to wither and die,” said Michael Barrett, president of the FIDO Alliance. “FIDO Alliance pioneers can forever lay claim to ushering in the ‘post password’ era, which is already revealing new dimensions in Internet services and digital commerce.”

According to Verizon’s Data Breach Investigations Report, weak or stolen login credentials were a factor in more than 76 percent of the breaches analyzed. Along with Verizon, Ponemon Research and PwC report that the volume and severity of data breaches is continuing to rise, with centralized datasets of personal and sensitive information being the most targeted and the most vulnerable to scaled attacks. Full Article

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