Panora Fiber's Website Compass

8 WebsiteCompass Internet Connections Problems with Passwords IT managers and security professionals have searched for years to find better alternatives to password-only authentication, which is one of the biggest security problems on the web. Passwords are prone to being hacked through dictionary attacks, brute-force attacks, and social engineering attacks. The sale of stolen passwords on the dark web proves that passwords are not a foolproof method of authentication and have security vulnerabilities. Managing so many passwords is also cumbersome for users, often leading them to reuse the same passwords across services. This practice can result in costly account takeovers, data breaches, and even stolen identities. While password managers and legacy forms of two-factor authentication offer incremental improvements, there’s been industry-wide collaboration to create more convenient and secure sign-in technology. Options for Replacement What technology is replacing passwords or will do so soon? Multi-Factor Authentication (MFA) – This method requires more than one factor or element to verify a user’s identity. With MFA, traditional passwords are replaced with PINs (personal identification numbers) or OTPs (one-time passwords). Other approaches can include biometrics, codes on authenticator apps, and codes in emails. Biometric Authentication – Users must provide their biological data—such as touch ID, facial recognition, fingerprints, DNA matching, and retina scanning—as proof of identity to gain access. Biometric authentication is the most reliable method to fight password fatigue and implement passwordless authentication. Are Passwords Becoming Passé? New and better options exist for user authentication It may be hard to imagine a world without passwords, but some companies are already ditching them in favor of alternative ways for you to gain access to your account or device, including multi-factor authentication, biometric authentication, and behavioral recognition.