Ditch the Passwords: How Passkeys Can Secure Your Business

Passkeys

Let’s face it, passwords are a pain. They’re hard to remember, easy to guess, and a constant target for hackers. As a business owner, you juggle a million things, and managing a plethora of complex passwords shouldn’t be one of them. Thankfully, the future of secure logins is here: Passkeys.

What are Passkeys and Why Should You Care?

Imagine a world where you don’t need to remember a single password for all your online accounts. Passkeys are a revolutionary technology that aims to do just that. Here’s the gist:

  • No More Remembering: Forget complex character combinations and frequent password updates. Passkeys are unique, encrypted credentials stored securely on your device (phone, laptop, etc.).
  • Stronger Security: Passkeys are far more secure than traditional passwords. They eliminate the risk of phishing attacks or password breaches, where hackers steal your login information.
  • Biometrics for the Win: Instead of typing a password, you’ll likely use your fingerprint, face scan, or PIN to verify your identity with a passkey. It’s fast, convenient, and much more secure.
 

How Can Passkeys Benefit Your Business?

Cybersecurity is no longer just a concern for large corporations. Small businesses are prime targets for hackers due to potentially weaker defenses. According to PCWorld, billions of accounts have already been hacked worldwide. Passkeys can significantly improve your business’s security posture in several ways:

  • Reduced Risk of Data Breaches: Passkeys eliminate the risk of stolen passwords leading to unauthorized access to your business accounts. This protects sensitive data like customer information, financial records, and intellectual property.
  • Simplified Security Management: Managing dozens of passwords for employees can be a nightmare. Passkeys eliminate this burden, freeing up your time and resources to focus on running your business.
  • Improved Employee Compliance: Enforcing strong password policies can be challenging. Passkeys automatically ensure a high level of security for all employee logins.

Are Passkeys Difficult to Use? Don’t Worry!

Change can be unsettling, especially when it comes to something as ingrained as passwords. However, using passkeys is surprisingly intuitive and user-friendly. Here’s what you can expect:

  • Simple Setup: Creating and storing passkeys typically involves using your device’s security features like fingerprint or face scan.
  • Seamless Login: Logging in with a passkey is as easy as unlocking your phone or laptop. No more typing passwords!
  • Cross-Device Compatibility: Many passkey solutions will allow you to use the same passkey across different devices, further simplifying the login process.

What About Password Managers?

Password managers are a helpful tool, and passkeys offer even more secure and user-friendly solutions.  Some password managers may be integrated with passkey technology, allowing you to manage both in one place during the transition period.

The Future of Secure Logins

Major tech companies like Microsoft, Apple, and Google are collaborating to make passkeys a universal standard. This means you’ll likely be able to use the same passkey to access websites and applications across different platforms.

Getting Started with Passkeys

While widespread adoption of passkeys may take some time, some businesses can already access them through certain online services. Here are some steps you can take to prepare:

  • Stay Informed: Keep yourself updated on the latest developments regarding passkey technology.
  • Talk to Your Tech Providers: Check with your software providers and cloud services to see if they offer passkey integration.
  • Embrace the Change: Don’t be afraid to try passkeys when they become available. You might be surprised at how simple and secure they are.

Conclusion

Passkeys offer a more secure and convenient way to access your online accounts. By adopting passkeys, you can significantly improve your business’s cybersecurity posture and free up valuable time and resources.  So, embrace the future – a future where logins are faster, easier, and most importantly, more secure.

 

At BSC Solutions Group we’re always on the look out to find the newest, best tools to help businesses stay secure.  To find out how passkeys or other password platforms can help secure your business, contact us today.