"In cybersecurity circles, passwords are often discussed as "shared secrets." How passwords work (during the initial registration process and subsequent login attempts): You have to first share them with all the apps and websites (collectively referred to as "relying parties") that you use. Unfortunately, shared secrets like passwords have proven to be one of the most vulnerable aspects of the internet."
"However, even after comprehensive cybersecurity training, research shows that 98% of users are still easily tricked into divulging their passwords to threat actors. Realizing that hope -- the hope that users will one day fix their password management habits -- is a futile strategy to mitigate the negative consequences of shared secrets, the tech industry got together to invent a new type of login credential. The passkey doesn't involve a shared secret, nor does it require the discip"
Passkeys replace insecure, shared-secret passwords by using public-key–based credentials instead of secrets distributed to every app and website. Passwords require users to share the same secret with multiple relying parties, which increases exposure to breaches and credential theft. Humans often pick weak or repetitive passwords and remain highly susceptible to social-engineering attacks like phishing and smishing, with research showing 98% of users can be tricked into revealing credentials. The tech industry developed passkeys to eliminate shared secrets and use authenticators — platform, virtual, or roaming — with virtual authenticators implemented in password managers.
Read at ZDNET
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