1Password recently announced that it will be rolling out passkey support to its customers early next year. This will help users log into their apps and websites without the need for any passwords. It is entirely passwordless through the authentication process, which may be daunting for a company that specializes in it.
Passkey is a passwordless login technology that is developed by the FIDO Alliance. This allows users to be able to replace traditional passwords with their device's own authentication -- this includes a phone password or Face ID. This essentially offers greater security and protection as there isn't a password to obtain or accidentally give out. 1Password calls its version of the technology 'Universal Sign On.'
Image Credit: 1Password
Why This Trend Is Growing
- Passwordless Authentication
- Companies can explore passwordless authentication technologies like Passkey to enhance security and user experience.
- Device-based Authentication
- There is an opportunity for businesses to leverage device-based authentication methods like phone passwords or Face ID to improve security and usability.
- Universal Sign On
- Developing a version of 'Universal Sign On' technology similar to 1Password's can be a potential disruption to the password management industry.
Industries Being Reshaped
- Cybersecurity
- The cybersecurity industry can benefit from adopting and integrating passwordless authentication methods to minimize security risks.
- Mobile Device Management
- Passwordless authentication can revolutionize the mobile device management industry by improving security measures and simplifying the login process for users.
- Password Management
- Password management services can explore integrating passwordless authentication technologies like Passkey to keep up with the evolving security landscape.
