DailyPost – 897
For the world before mobiles it was just unimaginable to carry the telephone, as we called it then, with you, across the globe. For the present world living a life without passwords seems to be the same level of emancipation. Not having to remember, store or manage the passwords, will take our happiness few notches above. With all the all awareness being spread for lot many years for having alphanumeric long passwords and not using regular words, events and name for this purpose and not using the same password for different accounts, the most popular password still happens to be password, followed by 1234567.
To realise that this is certainly a brain issue is no brainier. Passwords are root cause of over 80% of the breaches, users user more than 90 online accounts, upto 51% of passwords are reused, 1/3 of online purchases are abandoned due to forgotten passwords and $70 is average help desk labor cost for a single password reset, are serious operational bottlenecks. Passwords are now set to make an exit. The World Wide Web Consortium (W3C) and the FIDO Alliance announced the finalisation of W3C:WebAuthn for a secure and passwordless Internet.
”Web Authentication as an official web standard is the pinnacle of many years of industry collaboration to develop a feasible solution for stronger authentication on the web.” Its a big leap for mankind facilitated by W3C and FIDO to usher in PASSWORDLESS LOGINS. This is way ahead of the traditional authentication we have been accustomed to. The strong authentication is based on * public key cryptography, the key remains on the device and even if biometrics is used, it never leaves the device. Additionally, there is no linkability between service and accounts.*
It can handle all types of authentication which is used from simple to the complex nature of our transactions. It addresses to a variety of authentication use cases from passwordless authentication to second-factor authentication to multi-factor authentication. People would be using FIDO through security key and further facial recognition, fingerprint, voice etc. Its seems to be milestone in cyber security.
WebAuthn SEEMS TO HAVE THE PROMISE OF BECOMING A GOLD STANDARD.