The Password is Dead

In 2015, 63 percent of all confirmed data breaches were the result of weak, default, or stolen passwords. In fact, this was the second primary cause of all data breaches, globally, according to the 2016 Verizon Data Breach Investigations Report. The death of passwords has been heralded for over a decade now, but these reports were often greatly exaggerated. However, in recent years this has begun to change, as new technologies are allowing companies to change how they secure access to digital assets. From traditional usernames and passwords to two-factor authentication, outdated security practices are failing to keep data secure. Whether it’s a lack of user adoption or actual flaws in the security infrastructure, businesses need a better option to protect access to their most important resources. In this webinar, we discuss the prevalence of data breaches today and where passwords and two-factor authentication fall short, followed by how biometrics, when properly deployed through end-to-end solutions like VeridiumID, can provide the missing piece for fully securing digital access.