Why are Passwords Phasing Out in 2023? Here’s Everything You Need to Know

 

You are not alone if you dislike using passwords. Passwords are inconvenient, forgettable, and often not the best security solution for most of us. The best part is that passwords are likely to become obsolete. Passwords will be phased out for a few websites by 2023. 
Why are passwords becoming outdated? Eventually, a password-free future will become a reality. IT managers and security professionals have long sought better password authentication alternatives. Here are some of the reasons why:

Weak Security

Passwords are vulnerable to dictionary attacks, brute-force attacks, and other standard password-hacking techniques. Even if you use good password practices and create super-strong passwords, you could be a victim of a social engineering attack.
You may forget your master password if you utilize a password manager. In such a situation, gaining access to saved passwords can be extremely difficult. The sale of stolen passwords on the dark web demonstrates that passwords are not a secure authentication method.

High Cost

Password creation, entry, and reset all take time. As a result, using passwords as an authentication method costs money. According to a Yubico-sponsored study, an average user spends 10.9 hours per year setting, enterin

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