72% of Businesses Plan to Kill Passwords By 2025 (Infographic)
Businesses are getting wise to the weak password system and plan to transition to other authentication methods over the next 10 years.
In an increasingly sophisticated infrastructure, username/password combinations are a standard but persistently weak link in digital security. Not even Facebook co-founder and CEO Mark Zuckerberg is immune to poor password practices and sensitive user information leaks. A report from Telesign examines the future of the password and of online security.
Telesign surveyed security experts across 15 industries in the U.S. and found that 70 percent believe passwords are an insufficient security measure. Internet users still don’t diversify their passwords enough, with 73 percent of all online accounts guarded by duplicate passwords.
What’s more impactful is the amount of fraud that happens as a result of leaks and hacks.
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