FEATURE
As a pioneer in intelligent identity , Ping Identity has announced PingZero , a suite of passwordless authentication features which organisations can implement to deliver seamless digital experiences to employees and customers . By eliminating login friction , including the need for usernames and passwords , PingZero boosts employee productivity , improves customer retention and acquisition rates and strengthens cybersecurity defences – all with zero passwords and zero friction . PingZero uniquely leverages the Ping Intelligent Identity platform and other technologies , including the FIDO2 standard to enable passwordless experiences across a variety of resources and applications .
An investigative report by Verizon found that passwords are one of the most common causes of security breaches and also a major barrier in digital experiences . In fact , by 2022 , 60 % of large global enterprises and 90 % of mid-size enterprises will implement passwordless methods in more than 50 % of use cases , predicts Gartner . That ’ s because passwordless features accelerate and increase adoption of remote work and digital-first initiatives while improving the security and cyberhygiene of customers
Bill Mrochek , Head of Product , IAM , JumpCloud
and employees , who are burdened with keeping track of more usernames and passwords than ever before .
PingZero ’ s advanced passwordless authentication utilises device and browser settings , biometrics and the FIDO2 standard to provide enterprises with greater assurance that a user is who they say they are .
Bill Mrochek , Head of Product , IAM , JumpCloud , agrees that a passwordless future helps to ensure effective cybersecurity . “ MIT and Bell
By 2022 , 60 % of large global enterprises and 90 % of midsize enterprises will implement passwordless methods in more than 50 % of use cases .
Labs introduced password security in the 1960s , but the concept dates back centuries ,” said Mrochek . “ As children , many of us read Ali Baba and the Forty Thieves and remember the passphrase ‘ Open Sesame ’. Passwords , or ‘ something you know ’, have been the cornerstone for identity but aren ’ t robust enough for the security challenges of today .
“ The inherent vulnerabilities with passwords alone – shared passwords , the same password used for different accounts , stolen or hacked credentials , etc . – has driven a shift to passwords functioning often as just one part of Multi-Factor Authentication ( MFA ).”
Mrochek says there are two schools of thought with passwordless . “ One argues that a passwordless flow alone with a card , token or push authentication is strong enough by itself to thwart any attack , while others believe that passwordless should involve MFA for a layered security approach . Let ’ s explore both . www . intelligentciso . com
37