Did you know that in 2021, the most commonly used password globally was “123456”? And that’s not the only weak password that made the list. In fact, if any of your passwords look anything like “123456”, “qwerty”, or the incredibly original “password”, now might be the time to start panicking. So, it’s easy to see why businesses are beginning to turn to passwordless authentication solutions to keep their companies and data safe.
With weak passwords like these generally taking less than a second to crack, it’s now more vital than ever for organizations to implement robust identity and access management solutions to protect their users, accounts, and sensitive data from password-related attacks. Many organizations are eliminating passwords from the mix altogether by addressing the issue at its root, and are starting to implement passwordless methods of authentication. But what can be classed as passwordless?
While we use “passwordless authentication” as an umbrella term, the sub-types within this can be split into solutions we at Expert Insights consider “semi” passwordless, and “true” passwordless. “Semi” passwordless solutions include certain types of Single Sign-On (SSO) and Multi-Factor Authentication (MFA), where the password itself still exists, but where users can log on to all connected accounts password-free via one connected portal, or sign-in using alternative methods of authentication—such as biometrics and authenticator apps. “True” passwordless, on the other hand, means that the password itself doesn’t exist—instead, the user’s account was created using passwordless methods. This method heavily relies on FIDO2 standards and public-key cryptography to authenticate users.
So, let’s jump into it. We’ve put together a list of the top 10 passwordless authentication solutions for organizations looking to reduce password usage and simplify the log-in process for users. We’ve evaluated these based on SSO capabilities, methods of passwordless authentication available, policy management, and reporting capabilities.