For a long time, Netflix has been attempting to put a stop to the practice of password sharing, which has cost the firm money. The streaming juggernaut has finally figured out a way to charge users who share their Netflix account passwords after months of thought.
A recent Information Age article further claims that the time is right for passwordless authentication, as “passwordless authentication makes users’ lives easier” and removes the human factor from cybersecurity — where “people just can’t be trusted to set reliable passwords, to change them frequently, to make sure they are strong, and to keep them secure.”
If there are no passwords to steal, organizations can remove a key vector for compromise. Its claimed passwords were to blame for 84% of breaches last year. At least, you’ll be making bad guys work a lot harder to get what they want. And credential stuffing attacks, currently attempted in their billions each year, would become a thing of past.
Security is the heart of everything in new world we live in. We believe it needs to be done with a platform approach that is simple, comprehensive and based on intelligence.