Companies from Apple to your local bank are still grappling with ways to replace the password to increase security and improve user experience. A recent 2017 Verizon survey noted that when analysing all hacker and malware attacks, a whopping 81% were based on stolen passwords alone. Enterprises have particular challenges, as weve seen cases where one compromised password resulted in entire networks being infiltrated. Alternatives and complementary solutions are quietly being implemented by major US banks, enterprises, and consumer software companies. If companies can successfully diversify their authentication strategies, they will be able to abandon passwords completely.”]
Source: https://www.csoonline.com/article/3249467/a-look-authentication-day-passwords.html