Why The World Wants To Give Passwords The Finger

   June 21, 2024  Posted in Cyber Security Ventures


21 Jun Why The World Wants To Give Passwords The Finger

Posted at 08:53h
in Blogs
by Di Freeze
This week in cybersecurity from the editors at Cybercrime Magazine

– Listen to the Cybercrime Magazine Podcast Interview

Sausalito, Calif. – Jun. 21, 2024

Passwordless authentication is crucial today, with 81 percent of data breaches caused by weak or stolen passwords. Traditional systems also lead to user frustration and productivity losses, as 65 percent admit to password reuse across accounts.

Hawcx is an intelligent passwordless authentication company that drastically minimizes the risk of a personal data breach using zero-knowledge key-based authentication. Unlike vendor-dependent password-based authentication or other MFA methods, Hawcx calls itself the industry’s first and only solution that does not store any user sensitive information, including the passwords and private keys, anywhere in their systems.

Riya Shanmugam, CEO at Hawcx, recently came on the Cybercrime Magazine Podcast to talk about why passwords stink, and what can be done about them.

Listen to the Interview

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