In his talk at Wharton’s Information Security Best Practices Conference, Cem Paya, a member of Google’s security team, said that despite all the data telling us that passwords are well past their prime due to them being overly complex to meet even the most basic security needs, they still don’t seem to be going away as the security standard, according to a ZD Net article.
Paya later went on to pinpoint some specific issues keeping passwords where they are and keeping modern replacements like biometrics from usurping the security throne. Among the reasons he specified are the lack of a business model for issuing IDs to consumers, requiring new technologies can risk losing customers and lead to lower customer satisfaction and service providers don’t like depending on third party providers for security. Paya didn’t offer any ideas as to the expiration date on passwords.
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