---
title: Shaping a secure digital future with FIDO and passwordless authentication
description: Cutting-edge technology, like passwordless authentication, boosts security and ensures a frictionless user experience for customers. Discover how FIDO and FIDO2 are shaping a secure digital future.
---

[Resources | Entersekt ](https://www.entersekt.com/resources)

# [Shaping a secure digital future with FIDO and passwordless authentication](https://www.entersekt.com/resources/shaping-a-secure-digital-future-with-fid)

 Written by [Lindsay Langenhoven | Content Consultant](https://www.entersekt.com/resources/author/lindsay-langenhoven-content-consultant) | Jul 28, 2022 9:43:00 AM

# Shaping a secure digital future with FIDO and passwordless authentication

With the FBI reporting a [fourfold increase](https://www.engadget.com/fbi-cybercrime-complaints-increase-fourfold-covid-19-091946793.html) in cybersecurity-related complaints since the beginning of the pandemic, and with 51% of online users [reusing passwords](https://dataprot.net/statistics/password-statistics/#:~:text=53%25%20of%20people%20rely%20on,by%2023%20million%20account%20holders.), businesses have to change their approach to managing data security. 

 

> **Over 50% of online users reuse passwords across accounts**

#### **The problem with passwords **

Passwords are no longer effective. For large businesses, managing password-related queries can take up a lot of valuable time and resources, and passwords are also known to be the cause of over [80% of data breaches](https://fidoalliance.org/what-is-fido/). For consumers, managing passwords can be a hassle, and fraudsters are easily able to hack passwords. 

 

So, how can companies ensure that their customers' transactions are always secure without introducing unnecessary friction? FIDO might be just the answer. 

 

#### **What are FIDO and FIDO2?**

Fast Identity Online (FIDO) is a modern authentication standard used for digital identity authentication. FIDO harnesses the latest technology to reduce the risk of breaches and eliminate the use of passwords. The standard helps enterprises balance both security *and *user experience for their customers.  

 

FIDO2 authentication is a continuation of the work done by the FIDO Alliance. FIDO2 aims to eliminate password use over the internet, enabling fast and secure digital access across both apps and websites. 

 

To build and maintain customer trust, businesses need to eliminate the use of passwords and with it, the traditional threats associated with username and password logins. FIDO harnesses innovative technology to improve digital security and eliminate ineffective passwords through strong authentication. The end result: a streamlined customer experience that balances security, convenience, and privacy. 

> **To build and maintain customer trust, businesses need to eliminate the use of passwords and with it, the traditional threats associated with username and password logins.**

 

In our ebook, [***The ultimate guide to FIDO***](https://info.entersekt.com/en-us/ultimate-guide-to-fido),** **you can learn more about: 

 

- The risk of passwords 
- FIDO and FIDO2 
- The FIDO standards, protocols, and specifications  
- FIDO applications across various industries  

 

#### What about passkeys?

Passkeys also leverage FIDO to replace passwords for faster, easier, and more secure access to websites and apps. Learn more in our [***passkeys fact sheet***](https://www.entersekt.com/hubfs/Fact_sheet_Passkeys_road_to_passwordless_authentication.pdf).

[View full post](https://www.entersekt.com/resources/shaping-a-secure-digital-future-with-fid)

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