Using a username and password to log in to a website or service is no longer the most secure or recommended method. As cyber criminals grow more technologically intelligent, so must data security techniques. In this case, new authentication protocols such as FIDO2 may be used to combat the problem.
The primary purpose of FIDO2 is to eliminate password use on the internet. It was designed to offer open, license-free authentication standards for international use via the internet. The FIDO2 authentication procedure removes the typical security risks associated with the usage of a login username and password by substituting the FIDO2 passwordless login standard. As such, it provides protection against typical internet threats such as phishing and man-in-the-middle. Moreover, FIDO2 authentication reduces the window of opportunity for attackers. In order to get access to your sensitive private information, attackers will require a FIDO2 key, which is always physically present on your device.
You will have a more streamlined experience if you use numerous FIDO2-supported websites since you will not have to remember various login credentials and passwords for each of your accounts. The FIDO2 U2F security key will function universally across all supported systems, providing optimum security and user convenience.
Cyberattacks have shown us that human error is a substantial contributor to cybersecurity vulnerabilities. With FIDO2 implementation, eKYC portal and passwordless authentication, the human risk component is removed, resulting in a much safer user experience. Microsoft, Google, and Apple are among the significant IT businesses that currently offer FIDO2 security keys. Although this kind of secure login is still in its infancy, one thing is certain: passwordless authentication is the way of the future.
With its versatile hardware security tokens, Hideez provides passwordless authentication and MFA for the greatest levels of security and simplicity. They are compatible with the FIDO2 standard and may give organizations and individual users a password-free experience. The Hideez Key 3 and Hideez Key 4 are multipurpose FIDO2 keys that offer FIDO2 authentication for all browsers and compatible apps without requiring passwords, MFA, or other security measures. In addition, Hideez keys can save passwords, lock and unlock PCs using proximity sensors, and even access doors with electronic RFID locks. It goes beyond FIDO authentication technology, giving an all-in-one digital key for individual users and businesses that may enhance productivity, decrease the danger of data breaches, and bring a new level of simplicity to your security.
Below is an infographic from Login ID entitled “How Crypto Exchanges and Digital Wallets Can Distinguish Themselves with FIDO2 Passwordless Authentication.”
