12-18-2020 , 11:26 PM
Microsoft noted that almost 80% of all cyberattacks target passwords, and one in 250 corporate accounts get compromised each month due to this. That said, the company is making an effort to transition people to passwordless solutions. In November 2019, 100 million people were using Microsoft's passwordless sign-in. This number grew to 150 million by May 2020, which goes to show how millions of people are ready to ditch passwords due to the inconvenience of remembering them, coupled with how insecure they can be.
Throughout 2020, Microsoft participated in various conferences to share its vision of a passwordless future and a Zero Trust environment. It also unveiled a preview of Azure Active Directory support for FIDO2 security keys in hybrid environments, as well as a new passwordless wizard via the Microsoft 365 Admin Center. The firm engaged with multiple security partners in the Microsoft Intelligent Security Association (MISA) to drive passwordless solutions too.
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Throughout 2020, Microsoft participated in various conferences to share its vision of a passwordless future and a Zero Trust environment. It also unveiled a preview of Azure Active Directory support for FIDO2 security keys in hybrid environments, as well as a new passwordless wizard via the Microsoft 365 Admin Center. The firm engaged with multiple security partners in the Microsoft Intelligent Security Association (MISA) to drive passwordless solutions too.
Source