Password Panic: The Hilarious Rise of Passkeys and the Death of ‘123456’
Passkey security adoption is skyrocketing in 2024, with tech giants like Google and Microsoft leading the charge. Over 15 billion accounts now ditch traditional passwords in favor of passkeys, enhancing protection against cyberattacks. This trend is expected to double by 2025, as consumer awareness continues to grow.
Hot Take:
In a plot twist worthy of a cybersecurity soap opera, 2024 is proving to be the year when everyone finally agrees that password123 is not the zenith of security measures. Meanwhile, cloud companies are realizing that “set it and forget it” might work for rotisserie chicken but not for long-lived credentials. And let’s not forget our friends at Mastercard, who are betting that Latin American fingerprints and facial features will soon be the keys to the kingdom. Amidst all this, Iranian cyber operatives are playing a high-stakes game of peek-a-boo with critical infrastructure, while a California hospital network and a U.S. brokerage firm are discovering the joys of ransomware-induced chaos. Cybersecurity in 2024: it’s not just a job, it’s an adventure!
Key Points:
- Tech giants like Google and Amazon are shifting towards passkey security, with 15 billion accounts already onboard.
- Long-lived credentials pose a growing risk to cloud service providers, urging regular rotation practices.
- Mastercard introduces a biometric payment passkey service in Latin America, moving towards a password-less future.
- Iran-linked IOCONTROL malware targets critical infrastructure in the US and Israel.
- Massive ransomware attacks disrupt a California hospital network and a U.S. brokerage firm.