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Securing out data online is getting harder and harder as hackers who want to take out data are learning how to exploit tech faster than it can compensate. In 2018, over stolen or weak passwords were tied to over 80% of all security incidents, and in 2019, weak authentication methods lead to over 150,000 security incidents and nearly 4,000 confirmed breaches of data. These stolen credentials are so easy to get that in 2020, an estimated 15 billion of these credentials were up for sale on the dark web.

The reason so many passwords are breached is because passwords are a very weak way to protect data. Passwords are weak because they rely on both the user and the service provider to keep a secret. Another problem with passwords is that it requires users to remember a number of passwords, and to protect those passwords. 

Learn more about better authentication methods that have nearly been able to perfect the balance of security and convenience here.

What's Next For Authentication Methods? 2

NowSourcing

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-Present. Follow Brian Wallace on LinkedIn as well as Twitter.

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NowSourcing

Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-Present. Follow Brian Wallace on LinkedIn as well as Twitter.

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