A recent survey found that password-based authentication is no longer capable of meeting the demands of modern information security, and that 84% of respondents would support eliminating passwords all together. Additionally, more than three-fourths of those surveyed (76%) feel their data would be more secure with an alternative form of verification, with 59% preferring fingerprint scans over passwords.
Nearly half of the LaunchKey survey respondents (46%) said they currently have more than 10 passwords to manage, and 68% acknowledged that they reuse passwords for multiple accounts. Additionally, 77% said they often forget passwords or have to write them down. Among respondents' top password "pet peeves" are those systems that require users to change their password frequently, and systems that require users to create passwords that do not fit the model of one they regularly use.