Report
OUR PASSWORDLESS FUTURE: A NEW ERA OF SECURITY
Ping Identity and Yubico’s 2022 report reveals that 94% of IT leaders believe passwords are weak, with 91% worried about theft and 67% citing helpdesk costs as their biggest issue. Employees enter passwords an average of 12 times daily, wasting 28 minutes per day. Passwordless authentication, using biometrics, PINs, or security keys, is seen as the solution, with 65% of organizations planning adoption and 58% expecting it to become the norm within seven years. Barriers include lack of urgency, expertise, and leadership buy-in. Still, 100% of IT leaders recognize passwordless benefits—enhanced security, lower costs, and better user experience.
