Executive Summary
Passkeys, based on the FIDO2 standard, represent the future of multi-factor authentication (MFA) by enhancing both security and user experience. This guide highlights how organizations can effectively choose the best passkeys, particularly distinguishing between synced and device-bound passkeys. With predictions indicating that over 90% of MFA transactions will transition to FIDO protocols by 2027, understanding these key distinctions is crucial for maximizing security and operational efficiency.
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Main Highlights
Understanding Passkeys and Their Importance
- Passkeys are innovative, phishing-resistant credentials based on FIDO2 standards.
- They provide a substantial upgrade over traditional passwords, improving both security and user experience.
- Market analysts predict that passkeys will dominate the authentication landscape in the near future.
Types of Passkeys: Synced vs. Device-Bound
- Synced passkeys allow use across multiple devices, which can enhance user convenience.
- Device-bound passkeys are restricted to a single device, providing a higher level of security.
- Choosing the right type depends on organizational needs and the desired balance between security and usability.
Transitioning to FIDO Protocols
- Organizations must begin transitioning to FIDO protocols to stay ahead of cybersecurity threats.
- By 2027, over 90% of MFA transactions are expected to utilize these advanced technologies.
- Proper implementation can significantly reduce risks associated with phishing and other cyber attacks.
Best Practices for Choosing Passkeys
- Assess organizational security requirements before selecting passkeys.
- Consider user experience to ensure seamless adaptation by employees.
- Educate users on the advantages of using passkeys to foster quick adoption and compliance.
👉 Access the full expert analysis and actionable security insights from Thales here.