The Rise Of Phishing-Resistant MFA And What It Means For A Passwordless Future
SC Media, Tuesday, November 12th, 2024
The adoption rate of phishing-resistant forms of multi-factor authentication (MFA) such as WebAuthn hardware keys, device-based passkeys and Okta's own FastPass nearly doubled in 2023, a study of Okta workplace users finds. But their overall usage rate is still very small.
At the same time, the adoption rate of all forms of MFA, weak or strong, seems to be flattening out at about 65%, despite recent government and private-industry mandates.
The silver lining is that phishing-resistant forms of authentication are demonstrably easier to use than passwords, which may lead organizations and consumers alike to abandon passwords sooner than expected.