The standard password has never been less effective or more susceptible to attacks. But some of the U.S.’s leading corporations say they’re also not ready to get rid of it.
Businesses knew that passwords were dead long before the theft of billions of user credentials from Yahoo! and information on more than 140 million people was stolen from Equifax. But for technical executives at some of the U.S.’s leading corporations, the twin events are serving as a long overdue coda for the technology world’s first swing at security: the simple password.
Still, executives speaking at the Akamai Edge Conference* here said that the much maligned password won’t be abandoned any time soon, even as data breaches and follow-on attacks like automated “credential stuffing” make passwords more susceptible than ever to abuse.
Alternatives like fingerprints and retinal scans are more secure, but resisted by the average user as cumbersome. Meanwhile, I recommend the correcthorsebatterystaple philosophy of strengthening your passwords.