92% of businesses believe going passwordless is the future
LastPass by LogMeIn released findings of a new report commissioned to better understand the current state of passwords in organizations today, and how these trends are driving passwordless authentication models moving forward. The report, “From Passwords to Passwordless” was conducted in partnership with Vanson Bourne and highlights the critical need to address password problems as remote work becomes the new normal.
Released in time for Cybersecurity Awareness Month, a month recognized across the globe as an opportunity to double-down on security awareness efforts, the global study provides evidence that the need to migrate from traditional passwords and the risks they pose continues to grow, and is even more apparent in a work from anywhere world. The report suggests that while passwords may not be going away completely, 92 percent of respondents believe passwordless authentication is the future of their organization.