6B Records Breached Since 2013
Almost everything on the web uses some form of stored authentication credential. These credentials are often stored in whole form, in one central place, meaning they are easier to compromise. So credentials which are sent over the Internet, risk being stolen in transit, as we see frequently in the latest data breach news stories.
Several super high profile smash and grab attacks on global scale cloud service providers have prompted stronger authentication to be deployed on Google, Twitter, Evernote and many more providers. The balance between user friendliness and credible security is a key issue for these providers or any web site owner needing to increase secure authentication.
Excellent security is key to digital businesses
In today's application, security and operations owners must deal with the ever increasing and unpredictable demand to securely authenticate more internal, external and mobile users and devices and do so at the scale and speed of today's Mobile Internet.
In response to this, they continue to attempt to ratchet up their password-based security with incremental investments in new and higher levels of two-factor and two-step authentication, doing nothing to defuse the ticking time bomb of a breach of their password database or to make life easier for users, who are increasingly frustrated with concocting, remembering and using complex passwords, technologies and processes.