In recent years the cyber security industry has been doubling down on ways to ditch passwords! Why? Most data breaches occur because of human error. One third of online transactions are abandoned because of passwords. So many things are slowing users down: password reset emails, cumbersome MFA, and annoying complex requirements. They are all slowing users down!
1Password is acquiring Austin based startup Passage in hopes of preparing for a password-less future. Passage, a leader in modern authentication technology, is joining the team to help reimagine the widely-used password management platform. They plan to build tools for consumers and businesses to manage passkeys, a popular alternative to phrase-based passwords. All is aimed to accelerate the adoption of passkeys for developers, business and their customers and speed up the user experience!
What exactly is a Passkey? Passkeys are a replacement for passwords. They are designed to provide websites and apps a passwordless sign in experience that is easier to use, more convenient and secure.
With 7,000+ high tech companies in Austin…..On-line activity is at the forefront of research. Austin is a hotbed of entrepreneurs, always embracing great minds to implement new ideas that can enhance the user experience with on-line activity.
I for one find passwords cumbersome and annoying so can’t wait to see what is in store for us in the near future. I’m so tired of poor password hygiene and ready for the next generation of logging into websites that I use, with ease, on a daily basis!
“The secret of change is to focus all your energy not on fighting the old but on building the new.” Socrates
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