As a business owner, securing your digital assets is crucial. Traditional passwords are risky—they can be easily guessed or stolen, leading to data breaches. In fact, passwords are the root cause of over 80% of data breaches. It’s time to consider a more secure and user-friendly alternative: passkeys.
What Are Passkeys?
Passkeys are a modern way to log in that offers several benefits over traditional passwords:
- Better Security: Passkeys use FIDO (Fast Identity Online) standards, making them much harder to steal or guess. They rely on biometrics (like fingerprints) or PINs.
- Easier to Use: No more remembering complex passwords. Passkeys allow quick sign-in using biometrics or a device PIN.
- Flexible and Recoverable: Synced passkeys work across multiple devices, and device-bound passkeys can be used with physical security keys.
How Do Passkeys Work?
Using passkeys is simple:
- Creating a Passkey: Users enter their email or username and authenticate with their password. They then set up biometric or PIN authentication.
- Signing In: Users select their email or username, and available passkeys appear in the autofill interface. They authenticate using their biometric (fingerprint or touch) or PIN.
Should Your Business Adopt Passkeys?
- Costs: Configuration is required to correctly set up passkeys for your business. This will mean some up-front labor costs. The passkeys cost in the range of $35 to $60 each, depending on the brand and features.
- Compatibility: It is important to verify that all your applications will work with passkeys. Most modern applications are fine but there may be legacy applications that will not work with the increased security of passkeys.
- Training: As in any successful implementation, it will be important to prepare and train users on how the passkeys work. Landis Technologies can provide this service or can train key employees for them to provide internal training.
Conclusion
Passkeys offer better security and a smoother user experience compared to traditional passwords. Upgrading to passkeys can protect your digital assets and reduce the risk of data breaches and fraud. Start exploring passkey solutions today for a more secure future.
Written by Daniel Coutain
