The password won’t die, but it’s killing us.
That was the message this morning from Jeremy Grant, senior executive adviser, National Strategy for Trusted Identities in Cyberspace (NSTIC), at the Global Identity Summit in Tampa. Estimates put the blame for 76 percent of network intrusions on weak passwords. Beyond security, they also affect commerce, as the majority of customers will leave websites rather than create accounts. Passwords are not beloved and are not doing us any favors, Grant explained.