Energy Digital Magazine October 2024 | Page 127

Explore the cutting-edge of security : Discover how HID is helping accelerate enterprise adoption of passkeys
HID
Explore the cutting-edge of security : Discover how HID is helping accelerate enterprise adoption of passkeys

As organisations grapple with constant and developing cybersecurity threats , the transition from password-based systems to passwordless authentication has emerged as a critical priority .

Passwords , long the standard for digital security , are now recognised as a weak link in cybersecurity defences . With research showing that password vulnerabilities are the root cause of over 80 % of data breaches , passwords are susceptible to a range of threats , including phishing attacks , brute force hacking attempts , password reuse across multiple platforms and human error in creating and managing complex passwords . These vulnerabilities have led to countless data breaches and security incidents , costing businesses millions and eroding consumer trust .
In contrast , passwordless authentication technologies like passkeys provide enterprises and their employees with a more secure and reliable method of authentication .
HID , a leading provider of identity and access management solutions , has been at the forefront of this transformation , working with partners and the industry to help accelerate enterprise adoption of passkeys . energydigital . com 127