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Biometric Passwordless Authentication (FIDO2 WebAuthN)
The booming cost of account takeover (ATO) attacks, from $4BN in 2020 to $16BN in 2021, makes passwordless authentication a truly pressing need for all businesses. Most current “passwordless” technologies still contain shared secrets and friction – deeming them irrelevant to the world’s most prominent workforce and buying power: Gen Y and Gen Z.
Download NowThe path to passwordless is taken step by step. Prioritization streamlines this process, as you can address the largest security concerns first and foremost. The second major hurdle is weaning your users’ password habits. Before you begin reducing the user-visible password surface area, visit our full step-by-step implementation guide.
Attackers rarely “hack” passwords and usernames; instead, credentials are almost always stolen through social engineering attacks, or from unsecure storage. Passwordless authentication is immune to these forms of credential theft, drastically reducing human error as a security threat. The Okta passwordless solution was one of the first to recognize that FIDO2-based key pairs are invulnerable to brute force and stuffing attacks.
Passwordless comes in many forms. Biometric is one of the most secure and well-known iterations, but all use cases have their own passwordless preference. Magic links and OTPs can provide passwordless login experiences, as can Multi Factor Authentication, which demands the user authenticate themselves via multiple devices. Find out which would fit your use case best with our full list of authentication methods.