November 11, 2021 By Tom Jermoluk
One of the biggest security risks of modern-day business is the mass use of passwords as the prime authentication method for different applications. When the technology was first developed, passwords were perceived by individuals and businesses alike as a sure way of securing access to systems and sensitive data. Today, however, the flaws behind this form of authentication are crystal clear: not only do they make life more difficult for the user, but they also create a false sense of security and leave major holes in a business’s defenses.
Because of that, many companies are starting to transition towards passwordless technology. However, there is still some confusion about what exactly classifies as “passwordless” authentication. Some solutions that may purport to fall within the category simply save and enter the password on behalf of the user or replace it with something that is also insecure like a magic link or one-time password.