6 Ways Passwords Can Be Stolen - And How Passwordless Can Stop Them All
ForgeRock, Tuesday, September 12,2023
Passwords have gotten a lot of attention lately. Why? Because they pose a double threat with hackers and users. According to the Verizon 2023 DBIR, 86% of breaches involve stolen, weak, or default passwords. Of those breaches, 74% involve the human element, which includes social engineering attacks, errors, or misuse.
Passwords were never the ideal security solution for the modern, interconnected world. Much of what we do today is online - work, school, citizen services, shopping, and more. And what's the first thing users are hit with every time? The dreaded username and password prompt before the journey can continue.
Furthering the problem is the fact that the average internet user has 240 online accounts that require a password. Are we really expected to have a unique password to remember for each account? Hackers know all too well the answer is no, making passwords a ripe opportunity for hackers but a significant threat to everyone else.