The Future of cIAM is Passwordless Authentication
Let’s face it, passwords are becoming a thing of the past. With the most common password being 123456, it’s no wonder they are being blamed for 81% of hacks and breaches in companies.
The question businesses are now facing, is how to increase security while maintaining a great user experience. The solution is Passwordless Authentication.
Security is Complex
One option companies are utilizing, is increasing the password security. But this can be inconvenient and cause more problems than it solves. Users are expected to remember:
- Multiple Passwords
- That must be at least 12 characters long
- Contain at least one uppercase letter
- As well as include a special character
Many users just end up reusing the same password on multiple accounts. This not only compromises the users security, but it can also spread the vulnerability to other companies as well!
But if “improving” password security creates a poor experience for the consumer and actually makes the situation worse, then maybe passwords are not the future.
The Future of cIAM
Professionals in the industry are now predicting that in 5 years, companies will have moved on from using passwords. They instead believe that businesses will be implementing:
- Physical Biometrics
- Device Recognition Techniques
- Geographic Capabilities
With the use of new modern authentication techniques (i.e. using a mobile phone or fingerprint), a secure, Passwordless Authentication is possible. Instead of having users jump through hoops trying to prove their identity, innovative techniques could allow a Passwordless Authentication be secure and user-friendly.
The methods would have the security check occur in the background through risk-analysis and identity-based threat detection. The techniques would appear invisible to the user, but actually be strengthening the security and stopping any threats of hacking and identity theft.
Just think, in 5 years time, a user could enjoy a seamless and passwordless experience every time they sign up or login to an account. Knowing that their identity is secure.