Recent research from the FIDO Alliance highlights that 36% of people experienced online account compromises due to weak passwords in the past year, while awareness and adoption of passkeys are on the rise. The study reveals that many individuals believe passkeys offer superior security and convenience compared to traditional passwords. Affected: FIDO Alliance, Online Consumers
Keypoints :
- 36% of individuals reported their online accounts were hacked due to weak or stolen passwords.
- 48% of the top 100 websites have integrated passkey support.
- 75% of respondents were aware of passkey technology; 69% have enabled them on their accounts.
- 38% of users enabled passkeys on all accounts available to them.
- 53% of respondents believe passkeys improve security compared to passwords.
- 54% think passkeys offer more convenience than traditional passwords.
- 48% abandoned online purchases due to forgotten passwords.
- Passkeys use biometric sensors for authentication, making them more secure against phishing.
- Microsoft has made passkeys available for consumer accounts, emphasizing enhanced security.
- The FIDO Alliance’s World Passkey Day encourages a shift away from passwords towards more secure authentication methods.
- More than 100 organizations have committed to the Passkey Pledge to promote passkey adoption.
- The survey conducted by FIDO involved 1389 adults from the US, UK, China, South Korea, and Japan.
Read More: https://www.infosecurity-magazine.com/news/third-online-users-hacks-passwords/