More and more people are getting vigilant in handling and securing their data; this is a rather convenient method, but what makes this challenging is the fact that it can be a delicious target for cyber attackers, and if the company suffers a data breach, malicious actors can get a hold of everyone's identity. They can use it to steal their financial credentials and collect information about the user. Although passwordless authentication would be an excellent way to lessen the effects of cyberattacks, people would be skeptical about how this would turn out.
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More and more people are getting vigilant in handling and securing their data; this is a rather convenient method, but what makes this challenging is the fact that it can be a delicious target for cyber attackers, and if the company suffers a data breach, malicious actors can get a hold of everyone's identity. They can use it to steal their financial credentials and collect information about the user. Although passwordless authentication would be an excellent way to lessen the effects of cyberattacks, people would be skeptical about how this would turn out.