Let’s face it: we all use email, and we all use passwords. Passwords create inherent vulnerability in the system. The success rate of phishing attacks is skyrocketing, and opportunities for the attack have greatly multiplied as lives moved online. All it takes is one password to be compromised for all other users to become victims of a data breach.
To deliver additional security, therefore, digital identities rely on verification plasters. MFA (multi-factor authentication) often falls back to knowledge factors such as password resets and OTP codes, but these are still vulnerable. As long as credentials can be shared or intercepted, they can be misused.
