The future of authentication is here and it’s passwordless. The partnership between authID and TechDemocracy will further expedite the transition to passwordless authentication solutions. Together, this collaboration provides businesses with a highly secure, seamless, and convenient experience that lowers the cost and complexity of managing access to their systems. You know it but we’re here to explain how exactly this partnership will change the digital landscape.

The Power of Passwordless Authentication

Passwordless authentication is a way to eliminate the use of passwords, making our accounts more secure by relying on things like biometric authentication, email links, or authenticator apps. This strategy significantly reduces the risk of password-related security breaches. This way, it can help guard against threats such as phishing attacks and unauthorized access, better protecting sensitive data. Readiness In a world where cyber threats are constantly evolving, the imperative to fortify our security has never been more urgent. Passwordless authentication delivers that extra layer of security, making sure only the right people have access to what’s most sensitive.

The benefits extend beyond just security. Passwordless authentication boosts the user experience. Passwordless logins offer a quicker, easier login process without compromising security. Users don’t have to memorize difficult-to-remember passwords or deal with the annoying password reset process either. By saving time and enhancing ease-of-use, this centralized, faster experience improves employee productivity and engages customers more effectively. Additionally, passwordless authentication can lead to major cost reductions for organizations. By lowering the volume of password-reset-related helpdesk calls, IT teams can redirect their time and energy toward more pressing priorities.

authID and TechDemocracy: A Synergistic Partnership

AuthID, an industry leader in biometric authentication solutions and customer identity management, has joined forces with TechDemocracy, a 25-year veteran in Identity and Access Management. Together, they are making enterprise environments ripe for the widespread adoption of passwordless authentication. This partnership combines authID's cutting-edge technology with TechDemocracy's deep understanding of enterprise security needs. The outcome is an elegant, all-in-one solution that solves for the myriad challenges and complexities that come with rolling out passwordless authentication at scale.

The partnership powers authID’s PrivacyKey technology. This authentication approach ensures a safer, more privacy-protective experience by removing the need to store biometric data. This is extremely important for agencies and organizations that require strict adherence to data privacy laws and policies. Additionally, authID's platform features rapid verification speeds, enabling fast and secure access to organizations' systems. Combined with TechDemocracy’s experience in identity security, this partnership provides a powerful solution. It’s never been easier or more cost-effective for businesses to rid themselves of the risks posed by passwords.

Benefits for Businesses: Security, User Experience, and Cost Savings

The authID and TechDemocracy partnership offers several key benefits for businesses:

  • Improved Security: Passwordless authentication significantly reduces the risk of password-related security incidents, such as phishing attacks and unauthorized access. The partnership focuses on implementing biometric authentication with one-in-one-billion false-match accuracy, providing a more secure authentication experience.
  • Enhanced User Experience: Passwordless authentication provides a more convenient and seamless login experience for users, who can log in easily with an email link, an authenticator app, or biometric authentication.
  • Cost Savings: Passwordless authentication can cut $1 million in annual IT costs for businesses. Each password reset can cost organizations around $70, and passwordless authentication can help reduce these costs by up to 70%. Microsoft achieved an 87% reduction in hard and soft costs by implementing passwordless solutions.

Preparing for and Implementing Passwordless Solutions

Organizations can take several steps to prepare for and implement passwordless solutions, leveraging the resources offered by both authID and TechDemocracy.

  1. Assess Applications and Services: Organizations have many applications and services, and it's essential to have an accurate list of them. This process could take a few days or several weeks, depending on the complexity of the targeted work persona.
  2. Identify Work Personas: Create a list of all the applications a specific user (e.g., Amanda) uses to perform their assigned duties in a particular department (e.g., accounting).
  3. Work with One Persona at a Time: To ensure team members and stakeholders are familiar with the process, start by working with one persona at a time.

Actionable Advice for Organizations

The partnership between authID and TechDemocracy is an important milestone on the path to mass adoption of passwordless authentication. By doing so, they’re leveraging their unique expertise and new technologies to cut businesses in half. This approach remarkably increases security, user experience whenever implemented, and cost savings. The passwordless future is upon us, and it’s coming at lightning speed.

  • Understand the Complexity of Implementation: The work to go passwordless today is likely to be n, but it may increase to n x 2 or more, or n x n, in the future.
  • Consider Using Windows Hello for Business or FIDO2 Security Keys: These offer a strong, hardware-protected two-factor credential that enables single sign-on to Microsoft Entra ID and Active Directory.
  • Leverage Resources Offered by authID and TechDemocracy: Both companies offer complimentary workshops and resources to help organizations plan and implement passwordless solutions.

The collaboration between authID and TechDemocracy represents a significant step forward in the adoption of passwordless authentication. By combining their respective expertise and technologies, they are empowering businesses to enhance their security posture, improve the user experience, and achieve significant cost savings. The passwordless future is here, and it's arriving faster than ever before.