Companies Say Strong Authentication Important But Still Over-Rely on Passwords

The need for improved access control is proven by empirical observation — it keeps failing. But improving access control beyond passwords suffers from a fundamental contradiction: while 98% of companies believe strong authentication is necessary for secure cloud adoption, 41% believe the username/password combination is one of the most effective access management tools, and 58% allow their employees to log on to corporate resources via social media credentials.

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Story added 24. June 2020, content source with full text you can find at link above.