The high number of passwords users must memorise is making it harder to come up with strong unique passwords. Almost 70% of US shoppers did not go through with an online purchase because they either forgot the password, couldn’t log in or couldn’t receive a one-time passcode, according to research conducted by Visa.
According to the survey, top advantages provided by biometric technology include not having to remember passwords (42%), enhanced security (34%), and reduced chance to forget or lose an authentication method (33%).
Another report from Verizon found that as many as 80% of data breaches are caused by compromised and weak passwords.
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