The Problem With Passwords
Creating and remembering secure passwords is not easy. Passwords have become an outdated and problematic security measure, as evidenced by the statistics: in 2021, over 6 billion credentials were leaked, and more than 60% of breaches were caused by stolen credentials. While this might not seem like a critical issue, no organization is immune from cyber-attacks. Last year, over 90% of organizations reported being targeted by phishing campaigns. To combat these attacks, organizations have implemented stricter password policies, making it increasingly difficult for users to create and remember secure passwords. As a result, password resets account for 20-50% of help desk calls, costing an estimated $360 per user every year.
