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Related: The Internet of Things is just getting started The technology to get rid of passwords is readily available; advances in hardware token and biometric authenticators continue apace. Push’ authentication So how do companies even begin to think about getting rid of passwords?
In today’s digital world, using our mobile phones to consumeservices is now a part of everyday life. With the average person now spending 2 hours and 51 minutes on their phone each day, service providers like ecommerce sites and entertainment channels have had to adapt their interfaces so that they also work on a smartphone.
Since surfacing in late 2021, LAPSUS$ has gained access to the networks or contractors for some of the world’s largest technology companies, including Microsoft , NVIDIA , Okta and Samsung. “They were calling up consumerservice and tech support personnel, instructing them to reset their passwords.
The study also revealed that 94% of IT professionals say their organizations’ security policies around access management was influenced by breaches of consumerservices in the last 12 months. Perhaps someday, password fatigue, frustration and password resets can truly be a thing of the past.
Of those surveyed, 20% of respondents indicated that they have deferred on-premises technology spend. The traditional IAM model has been to extend remote employees to access applications to employees from VPN and add multifactor authentication (MFA) to add layers of security to the VPN connection. FIDO Authentication.
Why are some technologies so readily accepted while others seem to be a tough sell? Multi-factor authentication was the industry’s reaction to password weaknesses by adding layers. Speaking on the same podcast is Pedro Martinez , Business Owner Digital Banking, who specializes in Identity and Access Management and Authentication.
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