Microsoft plans to move towards a passwordless future by 2021

In their latest blog post Microsoft has spoken about its efforts in moving towards a passwordless future by 2021.

They stated that almost 80% of the cyber-attacks are targeted towards passwords with every 250 corporate accounts being hacked every day. And this has pushed the company to bring a password free solution.

They stated that in Nov 2019, they had more than 100 million users of their passwordless sign-in each month, and in May 2020, that number grew to more than 150 million people, and the use of biometrics to access work accounts is now almost double what it was then.

The firm adds that, along with new UX and API's for managing FIDO2 security keys, enabling customers to develop custom solutions and tools, they also plan to release a converged registration portal in 2021 to help users manage their passwordless credentials via the ‘My Apps’ portal.

The company also stated that the number of consumers using Windows Hello to sign in Windows 10 devices, instead of password, grew to 84.7% from 69.4% last year.