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Microsoft: 2021 is the year passwords die

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Microsoft has shared some statistics about the usage of passwordless technologies such as Windows Hello and Microsoft Authenticator, and has vowed to make passwords a thing of the past in 2021.
Microsoft has been a proponent of passwordless technology for quite some time, saying that it wants traditional and unsafe passwords to die. To that end, it has invested in various solutions over the past few years such as Windows Hello, Microsoft Authenticator, FIDO2 security keys, and a palm vein authentication system, among other things. Now, the company has highlighted the strides it made to kill off passwords in 2020, and has stated that it plans to make them a thing of the past for all its customers in 2021. Microsoft noted that almost 80% of all cyberattacks target passwords, and one in 250 corporate accounts get compromised each month due to this.

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