81 percent of data breaches are caused by poor password management. Yet, 2FA and MFA solutions continue to use passwords as a first factor. Moreover, a staggering 41 percent of registered breaches are due to employee negligence like sharing credentials with colleagues, sharing usernames and passwords in response to phishing attacks, or authenticating with a password to access enterprise systems and apps from an insecure home WIFI network.
Best case scenario, it costs an organization $70 for a single password reset. Worst case scenario, a data breach leads to heavy fines, a loss of trust, a wrecked reputation, and eroded market share.
The solution is for your workforce to go passwordless. By eliminating all enterprise passwords, you can:
It really is that easy.