A 2020 study commissioned by NordPass revealed that most people, on average, have about 100 passwords to remember. That number increased by 25% from 2019 and is attributed in part to the COVID-19 pandemic, with people doing more things online, and thereby introducing the necessity to generate new accounts.

Just how many of these 100 passwords are iterations of a few is up for speculation. The obvious danger of repeated use of the same or similar passwords is a compromised of one password exposes the others exponentially.

With the most used password, 123456, still in use today, we invited Andrew Shikiar, Executive Director at FIDO Alliance, to join us on PodChats for FutureCIO to talk about passwordless authentication.

Discussion include:
1.       Why is authentication the cornerstone of digital transformation?

2.       How has COVID-19 accelerated the need to secure our devices, and what are some of the challenges that organizations face in doing so?

3.       What are the risks of relying on passwords for authentication?

4.       Where do we stand with passwordless authentication today?

5.       What needs to happen for businesses and users to adopt passwordless authentication?

a.       What is the investment cost to adopt FIDO authentication?

6.       How can an organisation safely transition to passwordless authentication?

7.       Who should own the deployment and adoption of passwordless authentication?

8.       What questions should leadership and the Board ask their CIO with regards to passwordless authentication?