Blog | Ironchip

Password-less authentication is the future of online security?

Written by Jose Fernando Gómez | Mar 23, 2023

Why is passwordless authentication the future of online security?

Discover how to protect your accounts with just one touch.

Passwords are one of the most common ways to verify our identity on the Internet. However, they are also one of the most vulnerable. Passwords can be easily guessed, stolen or spoofed by hackers. In addition, remembering and managing dozens of different passwords can be a nightmare for users.

That's why more and more companies and applications are turning to passwordless authentication. This is a verification method that does not use passwords, but other factors such as biometrics (fingerprint, facial recognition), a temporary code or a physical device (cell phone, computer, USB key). These factors are more difficult to forge and offer greater security and convenience to users.

Passwordless authentication has many advantages for users and companies:

  • Improves user experience: by eliminating the need to remember and enter passwords, login is faster and easier.

  • Increases security: by eliminating the risk of passwords being hacked or leaked, the possibility of attacks or data theft is reduced.

  • Reduces costs: by not having to invest in password management or recovery systems, it saves time and money.

  • Protects reputation: by avoiding password-related incidents, it avoids damaging the image or trust of customers.

However, passwordless authentication has also had some challenges to overcome:

  • Requires education: as a relatively new method, many users may be unaware or distrustful of it. Therefore, it is important to inform and raise awareness of its benefits and operation.

  • Device-dependent: as it is based on factors linked to the user's device (such as their fingerprint or phone), there can be problems if the device is lost, broken or runs out of battery.

  • It is not universal: although there are more and more applications that support it, there are still many that continue to use traditional passwords. For this reason, there is a need for greater adoption and interoperability between different systems.

Ironchip's solution has overcome these challenges with a complete, universal solution that can rely on different devices. Our location-based digital identity solution will make your company's access management much faster and more secure. 

In conclusion, passwordless authentication is the future of online security because it offers a safer and more convenient way to protect our accounts. In addition to facilitating the daily management of access to all our devices or applications. 

If you want to know more about this topic or how to enable passwordless authentication in your favorite applications (such as Ironchip Authenticator), keep reading our blog or contact us.