If you’ve read part one, you’ll know that there’s a persistent problem with passwords. Despite the continued warnings, data breaches and endless guidance – weak and easily hackable passwords still guard a sobering number of online accounts and identities. Past experience tells us this is unlikely to change.
If we journey , at the RSA Conference, Bill Gates predicted the death of the password stating: “There is no doubt that over time, people are going to rely less and less on passwords. People use the same password on different systems, they write them down and they just don’t meet the challenge for anything you really want to secure.”
18 years on and we’re still at the stage where passwords are the dominant means of securing digital identities. With cyber-attacks and data breaches increasing in frequency, and cybercriminals becoming increasingly sophisticated – it’s vital that we head towards a password-less future.
The good news is this isn’t a futuristic pipe dream, but the technology is already there to make this happen – and there are already some good examples in use already.
Digital IDs gives consumers control and convenience
As discussed in our previous blog, it’s highly likely that that average consumer has passwords in the hundreds. These passwords will guard anything from their Netflix account, through to their online banking – and while the security risks are very real, so is the temptation to use easy to remember phrases. In today’s digital