IAM and Passkeys: 4 Steps Towards a Passwordless Future

IAM and Passkeys: 4 Steps Towards a Passwordless Future
madhav
Thu, 05/02/2024 – 05:07

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In the ever-evolving landscape of cybersecurity, Identity and Access Management (IAM) remains a vital link in the cybersecurity chain. However, with World Password Day just around the corner, there’s no time like the present to consider how relying on antiquated password systems leaves organizations exposed to vulnerabilities. In fact, the greatest threat is often the person sitting in the next office. People are vulnerable to attacks exploiting their biases. They suffer from password fatigue, constantly creating and keeping track of a burgeoning number of passwords needed to navigate the myriad systems they interact with daily.

Almost every service or app wants a password, and each must be a certain length and a special mix of letters, numbers, and special characters. If left to their own devices, many users would still use weak, predictable passwords. And despite relentless efforts to advocate for improved password practices (Bill Gates declared the death of passwords back in 2004), the uphill battle against ingrained habits and the allure of convenience continues.

Understanding this struggle, password managers were introduced. With password managers, enterprises no longer need to rely on their staff to memorize multiple passwords, as they generate highly secure passwords automatically and provide access to the vault across devices via cloud storage. However, even these handy tools rely on good old passwords.

Understanding Passkeys

Fortunately, as technology advances, so do the methods used to authenticate users securely. This is why passwordless authentication is growing in popularity among organizations – it introduces features that help boost security while eliminating user friction. One of these methods is passkeys, a modern version of traditional passwords, which are helping to improve authentication and, alongside that, the state of security in 2024.

Passkeys are a more secure and easier option than passwords. With passkeys, users are able to sign in to applications and

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