A majority of security professionals believe passwords will by phased out by the year 2025, according to a new study.
Commissioned by mobile identity solutions provider TeleSign and conducted by LawLess Research, the study surveyed 600 US security professionals across a range of industries. It found that 69 percent of respondents felt that passwords no longer offer sufficient security, and that 72 percent expect such systems to be replaced by more advanced security within nine years.
Those more advanced solutions include two-factor authentication (2FA) and behavioral biometrics technology. The study found that 85 percent of companies are planning to introduce 2FA security within the next year, while 40 percent are already using it for consumer accounts; meanwhile, 90 percent said behavioral biometrics technologies “would be extremely or very valuable for increasing security”, while 80 percent said they could do so “without degrading the user experience,” according to a statement announcing the findings.
The responses are very much in step with trends that are currently playing out in digital security, with behavioral biometrics platforms like NuData’s NuDetect proving increasingly popular, and major companies like Google seeking to move beyond the password on major consumer products in the very near future.
June 29, 2016 – by Alex Perala