May 3, 2024 at 03:09AM
Google announced that passkeys are used by over 400 million accounts, authenticating users over 1 billion times in two years. Passkeys, faster and phishing-resistant, are replacing legacy two-factor authentication and expanding Cross-Account Protection. They will support high-risk users and can be used as the only means of authentication. Other companies like Microsoft also plan to support passkeys.
Key Takeaways from the Meeting Notes:
– Google has announced the widespread adoption of passkeys for authentication, with over 400 million accounts using passkeys for over 1 billion authentications in the past two years.
– Passkeys, which offer a faster and more secure authentication method, are now more widely used than traditional two-factor authentication methods such as SMS OTPs and app-based OTPs combined.
– The expansion of Cross-Account Protection aims to cover more apps and services connected to users’ Google Accounts, enhancing security measures.
– Passkeys will be supported for high-risk users as part of Google’s Advanced Protection Program, expanding the use of hardware security keys to include any passkey as a means of authentication.
– Other prominent companies, including Microsoft, Apple, and Amazon, have also integrated passkeys for authentication across their platforms.
Additionally, concerns have been raised about potential corporate interests in utilizing passkeys to lock users into their platforms without the ability to extract or export credentials.
Overall, the adoption of passkeys for authentication represents a significant shift in the security landscape, offering a more user-friendly and secure alternative to traditional password-based authentication methods.