Blog | G5 Cyber Security

Why passwords are to blame for loss of revenue identity attrition and poor customer experiences

Transmit Security has released a state of customer authentication report that includes customer experience insights based on its survey of 600 U.S. consumers. The report also underscores the challenges connected to password-sharing habits. More than 50% of the survey participants admit they have shared a password to, at least one of their online accounts with someone else and 41% say they share their passwords often. The market is ready for change. It’s time to eliminate our dependency on outdated password technology and evolve to a place where passwords are no longer necessary.

Source: https://www.helpnetsecurity.com/2021/04/01/dependency-on-traditional-password-systems/

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