Many organizations are planning to adopt passwordless authentication or are already in the process of doing so. Passwordless authentication has many benefits such as being more secure than traditional passwords, providing a better user experience, reducing helpdesk costs and enhancing productivity.
Continue reading to learn more about the benefits of implementing passwordless authentication in your organization and how Keeper® helps with its implementation.
What is passwordless authentication?
Passwordless authentication verifies your identity to gain access to an account or system without entering a password. Passwordless authentication allows users to securely log in by verifying that an account belongs to them through other means such as their biometrics (fingerprints and facial recognition), one-time codes sent to a trusted device or hardware tokens. Since passwordless authentication eliminates having to enter a password, it’s considered a better and more secure authentication method.
Top 4 benefits of passwordless authentication
These are the top four benefits of adopting passwordless authentication.
1. More secure than traditional passwords
Passwordless authentication is more secure than using traditional passwords because it removes the risks associated with passwords. When using passwords to log in to accounts and systems, people tend to use weak passwords and reuse passwords across multiple accounts. This places those accounts at a greater risk of becoming compromised, which can lead to account takeovers and data breaches. By removing passwords from the login process, accounts are no longer susceptible to being compromised through password-related attacks such as password cracking and phishing.
2. Better user experience
Passwordless authentication also provides a better user experience since it takes away the pain of people having to remember multiple passwords. Passwords often cause individuals to experience password fatigue, which is a term used to describe the overwhelming stress people feel due to having to remember passwords on their own. Since passwordless authentication doesn’t require people to create or remember passwords, it provides a better user experience.
3. Reduces helpdesk costs
A study by Yubico found that organizations spend an average of $5.2 million per year on password resets. However, this only considers the hard costs of password resets, not the soft costs, which take into account the wide-reaching effects of password resets like the loss in productivity. Since passwordless authentication removes passwords from the login process, password resets become non-existent, significantly reducing the helpdesk costs related to them.
4. Enhances productivity
As mentioned above, one of the soft costs associated with password resets is the loss in productivity for both users and IT administrators. Instead of helping users reset their passwords because they’ve forgotten them, IT teams can spend their time improving their organization’s infrastructure. Additionally, instead of users waiting for their password to be reset, they can continue performing their regular job duties. Adopting passwordless authentication in your organization can remove these roadblocks by eliminating the root of the problem – passwords. By doing this, every employee can focus their time and energy on profitable projects.
Go fully passwordless with the help of Keeper
It can be challenging for organizations to go passwordless because some websites and applications don’t support passwordless authentication methods. However, this doesn’t mean organizations shouldn’t go passwordless; instead, they should look into solutions like Keeper that make going passwordless seamless and secure.
With Keeper, organizations can achieve full coverage, security and access control across every application and website without end-users ever needing to enter a password. Keeper connects Single Sign-On (SSO), IdP and passwordless solutions with passkey management, providing users with a seamless and secure login experience. Even for websites that don’t support passwordless login, Keeper’s autofill feature will log users in automatically.
To learn more about how Keeper can enable your organization to go passwordless, schedule a demo today.
Source: Keeper