Despite the advancement in security technology, humans continue to struggle with password management, often opting for simple, easily hackable passwords like '123456' or 'password'.
Major financial firms and tech companies are working to eliminate passwords, moving towards biometric authentication methods and passkeys, but risks still loom with these technologies.
Even with improvements in security systems, the potential for biometric and pin theft through hacking or deepfake technology remains a serious concern for users.
As companies strive for passwordless security solutions, the reliance on technology raises questions: do the benefits outweigh the persistent risks associated with data breaches and identity theft?
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