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Why passkeys are the next frontier in digital security
Why passkeys are the next frontier in digital security

Yahoo

time05-07-2025

  • Yahoo

Why passkeys are the next frontier in digital security

When you buy through links on our articles, Future and its syndication partners may earn a commission. The traditional password that generations of computer users have come to love and hate may soon be replaced by something called a "passkey." You've likely even been prompted to create one already. While many people may not know just how easy it is to start experimenting with this new creation, there are still hurdles that must be cleared before adoption becomes widespread. Since most individuals have made at least one of several password security errors — like using the same phrase across multiple sites — there has been a rise of hacking, identity theft, scams and major data breaches. The problem is so pervasive that passwords themselves might be on the outs as a viable pillar of online security. "Passkeys" are one prominent alternative gaining popularity as a way to make our online information systems more secure. Passkeys are "generated codes" that are "stored on your device or in your password manager" and allow you to "log in to websites and apps using your fingerprint, face recognition or a PIN," said Wired. Their creators claim that they are unhackable, and they are "widely considered to be more secure" than your existing password system. When you make a passkey, you are creating a "pair of cryptography keys generated by your device" that communicate with one another via a "biometric identification tool, such as FaceID or TouchID, to authenticate your identity," said PC Mag. When did computer passwords become a thing? 5 password habits that put you at risk Data breaches increased in 2023 and with them, internet security concerns The good news is that "passkeys are very simple to use," said Dashlane, and you can create them for many accounts, including Google, Amazon, Apple and more "in just a few quick steps." After creating one, "you just approve login attempts with a PIN or biometrics," said PCWorld. For example, to create a passkey on Google you just log in to your account, open the passkeys manager, enter your password and create a passkey. They are the "way of the future for Google account verification" and doing so is "simple to do and highly secure," said ZDNET. All you need is a "mobile device or a laptop/desktop with biometrics (such as a fingerprint scanner)." And if you're already using a password management system like Bitwarden or 1Password, they can also store your passkeys. Passkeys are a "password-killing tech," said Wired, and improvements to the underlying technology are "pushing passkeys toward a tipping point." Still, one problem is that there are "definitely things that unnecessarily confuse and complicate the use of passkeys, " said Ars Technica, including the reality that "syncing across different platforms is much harder than it should be." That is a potentially devastating problem because less tech-savvy users are likely to give up on the new technology if they encounter any significant obstacles. Critics also note that "passkey implementations to date lock users into the platform they created the credential on." But developers are hard at work trying out ideas to make the process of moving to passkeys more seamless for most users. Perhaps the most important development underway is a Credential Exchange Protocol that will "make passkeys portable between digital ecosystems" and avoid "user lock-in" to any individual password management service, said Wired. Adoption of this new technology is still slow. Even though three-quarters of respondents in the U.S., U.K., China, Japan and South Korea have heard the term, fewer than a third have actually created one. Moving to passkeys also "assumes that the user has exclusive, private access to an account or device," which may not be realistic in households where family members share both, said the National Cyber Security Centre. Because of these limitations, "it's too soon to switch away from using passwords for all your online security," said Consumer Reports, which recommends trying passkeys for some accounts while the technology continues to mature.

UAE shoppers want 1-click, biometric checkouts for safer online payments: Visa
UAE shoppers want 1-click, biometric checkouts for safer online payments: Visa

Arabian Business

time06-06-2025

  • Business
  • Arabian Business

UAE shoppers want 1-click, biometric checkouts for safer online payments: Visa

Consumers across the UAE are calling for more secure and seamless online shopping experiences, according to Visa's latest Checkout Friction Report. Despite the rapid growth of ecommerce and digital adoption in the region, key challenges at the checkout stage continue to hinder consumer satisfaction and business performance. Based on a survey of more than 2,000 online shoppers across the GCC, the report shows that security concerns and complex payment steps are the top barriers to smooth transactions. Online shopping in the UAE In the UAE, 40 per cent of shoppers cite fear of fraud as their biggest concern, while 37 per cent are frustrated by the need to repeatedly enter card details. Shopping frequency is high, with one in three UAE consumers buying groceries online multiple times a week, and categories like fashion, entertainment, and electronics seeing regular purchases monthly. However, friction during checkout can lead to abandoned carts and lost revenue for retailers. Visa's research underscores a growing preference for advanced payment technologies. A significant 67 per cent of UAE shoppers said they would adopt biometric authentication like fingerprint or face ID to check out online. Additionally, 65 per cent support a unified registration process for digital payments across websites. The report also highlights that 82 per cent of consumers would shop online more frequently if one-click checkout options were widely available, and 66 per cent are likely to use Visa's 'Click to Pay with Biometrics' feature. This solution simplifies online shopping by eliminating manual card entry, using secure device-based biometric authentication to speed up and protect the transaction process. Salima Gutieva, Visa's VP and Country Manager for UAE, said: 'Challenges in the online checkout process have direct implications for businesses, resulting in lost revenue, and hampering both customer acquisition and retention. 'Today's consumers expect – and deserve – a more seamless and secure eCommerce experience. That's why Visa is working with partners to enable solutions like Click to Pay, which leverages biometrics and tokenisation to eliminate key pain points and deliver a more convenient shopping experience.

Visa study reveals UAE consumers would shop more online with simpler checkout experience
Visa study reveals UAE consumers would shop more online with simpler checkout experience

Zawya

time03-06-2025

  • Business
  • Zawya

Visa study reveals UAE consumers would shop more online with simpler checkout experience

The need to manually enter card details, and security concerns are major pain points for consumers shopping online, resulting in lost revenue for businesses Two-thirds of respondents trust biometric authentication more than traditional methods such as passwords and OTPs UAE, Dubai: Visa, a global leader in digital payments, today announced the findings of its ' Checkout Friction Report ', which highlights strong consumer demand for a more secure and seamless eCommerce experience. Despite the widespread adoption of eCommerce and significant progress in growing the UAE's digital economy, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The research is based on a survey of 2,016 online shoppers across the GCC, including the UAE, and explores their experiences with eCommerce purchases. It examines common pain points during the checkout process that affect both consumer satisfaction and business outcomes. Checkout Challenges Undermine the Rise of Frequent Online Shopping Visa's 'Checkout Friction Report' shows that one in three respondents (33%) in the UAE shops multiple times a week for groceries. For categories such as fashion, entertainment, and electronics, shopping frequency ranges from once to a few times a month. According to 40% of respondents, the biggest frustrations with online checkouts are security concerns, followed by the hassle of entering card details manually (37%). By addressing these challenges, retailers can enhance the checkout experience which could lead to increased customer satisfaction. "Challenges in the online checkout process have direct implications for businesses, resulting in lost revenue, and hampering both customer acquisition and retention. Today's consumers expect – and deserve – a more seamless and secure eCommerce experience. That's why Visa is working with partners to enable solutions like Click to Pay, which leverages biometrics and tokenization to eliminate key pain points and deliver a more convenient shopping experience. Improving these moments not only drives business results but also builds on the UAE government's achievements in building a seamless, secure digital economy,' said Salima Gutieva, Visa's VP and Country Manager for UAE. UAE Online Shoppers Prioritize Safety Beyond the inconvenience of current checkout options, security remains a top priority for online shoppers. According to Visa's research, 58% of consumers surveyed are worried about the risk of fraud or hacking when storing their card details on multiple websites. Additionally, 42% of respondents have experienced fraud or security breaches. Biometrics and One-Click Checkouts for Better Online Payment Experience Visa's 'Checkout Friction Report' reveals a strong preference for a more streamlined checkout, with 65% of respondents supporting a single registration process for online payments across all participating merchants. When the option of biometric authentication was proposed, two-thirds (67%) of respondents said they would use it to check out, with many trusting biometric authentication (fingerprint/face ID) more than traditional payment methods (passwords/OTP). For businesses, the demand for simpler and safer checkout options is clear. Most respondents (82%) would shop online more frequently and be more likely to complete their purchases with a one-click checkout option. Two-thirds of the surveyed consumers (66%) show a high likelihood of using 'Click to Pay with Biometrics'' if offered by online retailers. Visa Click to Pay streamlines online shopping by providing advanced checkout experiences, eliminating the need to manually enter card details, thereby making transactions significantly faster. At participating eCommerce platforms, consumers can simply click the Click to Pay button to complete their purchase quickly and easily using their preferred Visa card and shipping address. Visa's Click to Pay relies on biometric authentication available on the consumer's device and does not require transfer of biometric data. About Visa Inc. Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at

Visa study reveals Oman consumers would shop more online with simpler checkout experience
Visa study reveals Oman consumers would shop more online with simpler checkout experience

Zawya

time02-06-2025

  • Business
  • Zawya

Visa study reveals Oman consumers would shop more online with simpler checkout experience

The need to manually enter card details, and security concerns, are major pain points for consumers shopping online, resulting in lost revenue for businesses 60% of respondents trust biometric authentication more than traditional methods such as passwords and OTPs Oman, Muscat: Visa, a global leader in digital payments, today announced the findings of its 'Checkout Friction Report', which highlights strong consumer demand for a more secure and seamless eCommerce experience. Despite the widespread adoption of eCommerce and significant progress in growing Oman's digital economy, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The research is based on a survey of 2,016 online shoppers across the GCC, including Oman, and explored their experiences with eCommerce purchases. It examined common pain points during the checkout process that affect both consumer satisfaction and business outcomes. Checkout Challenges Undermine the Rise of Frequent Online Shopping Visa's 'Checkout Friction Report' shows that one in three respondents (32%) in Oman shops multiple times a week for groceries. For categories such as fashion, entertainment, and electronics, shopping frequency ranges from once to a few times a month. According to 48% of respondents, the biggest frustrations with eCommerce checkouts are security concerns, followed by the hassle of entering card details manually (42%). By addressing these challenges, retailers can enhance the checkout experience which could lead to increased customer satisfaction. 'Today's consumers expect – and deserve – a more seamless and secure checkout experience. That's why Visa is working with partners to enable solutions like Click to Pay, which leverages biometrics and tokenization to eliminate key pain points and deliver a more convenient shopping experience. Improving these moments not only drives a better consumer experience but also builds on the Oman government's achievements in building a seamless, secure digital economy,' said Ali Bailoun, Visa's Regional General Manager for KSA, Oman and Bahrain. Oman Online Shoppers Prioritize Safety Beyond the inconvenience of checkout, security remains a top priority for online shoppers. According to Visa's research, 72% of consumers surveyed are worried about the risk of fraud, while 59% expressed concerns about hacking when storing their card details on multiple websites. Additionally, one in three (32%) respondents has experienced fraud or security breaches. Biometrics and One-Click Checkouts for Better Online Payment Experience Visa's 'Checkout Friction Report' also reveals a strong preference for a more streamlined checkout, with 64% of respondents supporting a single registration process for online payments across all participating merchants. When the option of biometric authentication was proposed, two-thirds (66%) of respondents said they would use it to check out, with 60% trusting biometric authentication (fingerprint/face ID) more than traditional payment methods (passwords/OTP). Most respondents (70%) would shop online more frequently and be more likely to complete their purchases with a one-click checkout option. Almost two-thirds of the surveyed consumers (66%) show a high likelihood of using 'Click to Pay with Biometrics'' if offered by online retailers. "Challenges in the online checkout process have direct implications for businesses, resulting in lost revenue, and hampering both customer acquisition and retention. For businesses, the demand for simpler and safer checkout options is clear,' said Nasser Bdeir, Visa's Country Manager for Oman. Visa Click to Pay streamlines online shopping by providing advanced checkout experiences, eliminating the need to manually enter card details, thereby making transactions significantly faster. At participating eCommerce platforms, consumers can simply click the Click to Pay button to complete their purchase quickly and easily using their preferred Visa card and shipping address. Visa's Click to Pay relies on biometric authentication available on the consumer's device and does not require transfer of biometric data. ​​​​​​ About Visa Inc. Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at

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