BBC article reported recently “Why passwords don't work, and what will replace them?”
The article reported it is fast becoming obvious traditional passwords are not adequate to keep users’ accounts safe.
Users are always blamed for security breaches, for having a weak password or the same password across multiple sites.
But in the huge majority of cases, it is the sites that are to blame for the loss of users’ information and passwords. many companies have been the source of the problem at some time or another, including major players such as Experian, Facebook, LinkedIn, Quora, Yahoo…
The aging software technology leaves all systems vulnerable to hacking and data breaches.
It is not surprising that global identity theft is at an all-time high.
Gartner predicts, by next year, 60% of large and medium-sized companies will halve their reliance on passwords!
The new Payment Services Directive requires businesses to use two-factor customer authentication.
This year, NatWest Bank in the UK started a debit card trial with a built-in fingerprint scanner.
But biometrics are just as vulnerable.
At the September cybersecurity conference in Shanghai, Chinese researchers demonstrated that it was possible to capture a person’s fingerprints from a photo taken several metres away.
If you think resetting your password is difficult, try changing your fingerprints!
The multi-factor authentication will make the process even more convoluted for the users and will not reduce the host system risks.
Recently, ATT refused to allow me access to my account, despite answering all my security questions correctly. As a final step, they needed to send a verification code to my phone when my phone was identified as non-operational!
This was a frustrating time for me and the loss of a long-term customer for AT&T.
“How fast such examples will become the new norm?” by applying yet another band-aid solution without considering the underlying root cause!
Demand a Sustainable Circular Technology,
Sally M Solaymantash