Why though?
Andrew Shikiar, CEO and Executive Director of the FIDO Alliance has been a vocal advocate for passkeys.
PC Mag notes that Shikiar didn’tmince wordsabout the current state of password security.
In contrast, passkeys offer a robust defense against such threats.
They are also much faster and easier to use than traditional authentication methods.
Google’s data shows a 63.8 percent authentication success rate for passkeys,comparedto just 13.8% for passwords.
Despite these promising numbers, passkey adoption has not quite reached the lofty goals set in previous years.
Last year, Shikiar predicted that passkey-enabled accounts would reach 20 billion by 2025.
However, by early January, the figure stood at just over 15 billion.
While this represents significant growth, it falls far short of his and others' projections.
“We’re in a phase of strong adoption,” Shikiar told PC Magazine after his presentation.
“But it’s still early adoption.”
However, he remains optimistic about the future.
Therefore, companies must create a slick user experience (UX) to get more people on board.
“A lot of companies that are employing passkeys are still improving their user experience,” Shikiar noted.
This fragmentation in the passkey ecosystem has drawncriticismfrom security experts.
