Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint

7/31/2019
12:50 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

More Companies Don't Rely on Passwords Alone Anymore

New research shows how enterprises are adding additional layers of authentication.

New research shows that for a growing number of enterprises now, passwords alone are not enough and they instead are combining strong passwords with two-factor authentication (2FA). 

The study - released today by ThumbSignIn, market intelligence firm One World Identity and IAM provider Gluu - queried nearly 75 top IT and security managers, including C-level executives and vice presidents from various industries including finance, IT, and education. The survey analysis was also based on conversations with many of the top executives.

Vivek Lakshman, vice president of Innovation at ThumbSignIn, says 36% of the respondents depend on passwords plus 2FA, just slightly below the 40% of organizations that still employ passwords-only.

"There's no question that passwords plus 2FA [two-factor authentication] is better than passwords-only," says Andrew Shikiar, executive director and chief marketing officer of the FIDO Alliance. "People need to remember that this is a journey, it's not a matter of flipping a switch and everything will be passwordless." 

ThumbSignIn's Lakshman acknowledges that there are many challenges ahead in moving to passwordless authentication. In the study, for example,  76% of respondents say the complexity of implementation is a top-of-mind issue when they deploy biometrics or 2FA.

Interestingly, a full 100% say they are more interested in biometrics for the user experience than they are for security purposes. Only 75% are interested in biometrics for security.

"While that 100% number was surprising, we're finding that a lot of companies are looking at biometrics as a top-line business opportunity," says FIDO Alliance's Shikiar. "Companies view biometrics as a better way to get people using their services and enhance the overall brand experience."

Even with the recent Capital One hack and the ransomware events at city governments, the industry has been making some important progress. He points to the emergence of FIDO2 earlier this year, which offers browser support for passwordless authentication, notes Lakshman.

And this week's study found that 64% of respondents consider FIDO "necessary" or a "good-to-have" standard. Another finding from the study: in the next few years, passwordless biometrics (21%) will be the second-fastest growing authentication method behind 2FA (29%).

Related Content:

 

Black Hat USA returns to Las Vegas with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions, and service providers in the Business Hall. Click for information on the conference and to register.

 

 

 

 

Steve Zurier has more than 30 years of journalism and publishing experience, most of the last 24 of which were spent covering networking and security technology. Steve is based in Columbia, Md. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Why Cyber-Risk Is a C-Suite Issue
Marc Wilczek, Digital Strategist & CIO Advisor,  11/12/2019
DevSecOps: The Answer to the Cloud Security Skills Gap
Lamont Orange, Chief Information Security Officer at Netskope,  11/15/2019
Attackers' Costs Increasing as Businesses Focus on Security
Robert Lemos, Contributing Writer,  11/15/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-5118
PUBLISHED: 2019-11-18
A Security Bypass Vulnerability exists in TBOOT before 1.8.2 in the boot loader module when measuring commandline parameters.
CVE-2019-12422
PUBLISHED: 2019-11-18
Apache Shiro before 1.4.2, when using the default "remember me" configuration, cookies could be susceptible to a padding attack.
CVE-2012-4441
PUBLISHED: 2019-11-18
Cross-site Scripting (XSS) in Jenkins main before 1.482 and LTS before 1.466.2 allows remote attackers to inject arbitrary web script or HTML in the CI game plugin.
CVE-2019-10764
PUBLISHED: 2019-11-18
In elliptic-php versions priot to 1.0.6, Timing attacks might be possible which can result in practical recovery of the long-term private key generated by the library under certain conditions. Leakage of a bit-length of the scalar during scalar multiplication is possible on an elliptic curve which m...
CVE-2019-19117
PUBLISHED: 2019-11-18
/usr/lib/lua/luci/controller/admin/autoupgrade.lua on PHICOMM K2(PSG1218) V22.5.9.163 devices allows remote authenticated users to execute any command via shell metacharacters in the cgi-bin/luci autoUpTime parameter.