Security News
Stanley Black & Decker has been working with TrueU since 2018, and the passwordless protection they offered "Sounded too good to be true," said Rhonda Gass, VP and chief information officer. Passwordless security is on the rise-check out our previous reporting on other companies offering tools to move us toward a passwordless future-and will likely include a mix of multifactor authentication like biometric verification, and passive signals that may ask a user for additional verification.
After offering the passwordless authentication option to enterprise customers in March 2021, Microsoft has now started rolling it out to its consumer segment of users. Users are able to switch on the feature by visiting their Microsoft account's Advanced Security Options, then Additional Security.
The company first allowed commercial customers to rollout passwordless authentication in their environments in March after a breakthrough year in 2020 when Microsoft reported that over 150 million users were logging into their Azure Active Directory and Microsoft accounts without using a password.Instead, they can choose between the Microsoft Authenticator app, Windows Hello, a security key, or phone/email verification codes to log into Microsoft Edge or Microsoft 365 apps and services.
We've known for some time that passwords are nearing the end of their usefulness, and a passwordless future is often discussed despite the fact that passwords continue to be the standard. With all of us still using passwords in our daily lives it's hard to see passwordless security as a readily available technology, but it is.
As companies nudge their staff to return to communal workspaces, many workers don't actually want to - more than 50 percent of employees would rather quit, according to research by EY. While HR teams worry over the hearts and minds of staff, IT security professionals have a different battle plan to draft - how to make the new normal of the hybrid workplace secure. In a hybrid workplace, a Zero Trust strategy means ever-tightening security.
As companies nudge their staff to return to communal workspaces, many workers don't actually want to - more than 50 percent of employees would rather quit, according to research by EY. While HR teams worry over the hearts and minds of staff, IT security professionals have a different battle plan to draft - how to make the new normal of the hybrid workplace secure. In a hybrid workplace, a Zero Trust strategy means ever-tightening security.
GitHub urges its user base to toggle on two-factor authentication after deprecating password-based authentication for Git operations. "If you have not done so already, please take this moment to enable 2FA for your GitHub account," the company's Chief Security Officer Mike Hanley said.
Passwordless authentication startup Stytch this week announced that it has raised $30 million in a Series A funding round. Founded in 2020, the San Francisco, California-based company seeks to improve both security and user experience by enabling authentication without the need of passwords.
Transmit Security will use the funding to increase the company's reach and expand its primary business functions, investing in key global areas in order to grow the organization, ultimately enabling the company to accelerate its mission to help the world go passwordless. Using biometric authentication, Transmit Security provides the first natively passwordless identity and risk management solution to the largest brands in the world.
Identity solutions provider Transmit Security on Tuesday announced raising $543 million in a Series A funding round. Transmit noted that this is the largest Series A funding round ever announced by a cybersecurity company and one of the highest valuations for a bootstrapped firm.