The passwordless future is years away.

"A March 2026 report from HYPR found that 76 per cent of organisations still rely on legacy passwords as their primary authentication method, indicating a slow transition to passwordless solutions."

"The 2025 Verizon Data Breach Investigations Report showed that stolen credentials were the initial access vector in 22 per cent of all breaches, highlighting the ongoing risks associated with traditional passwords."

"The cybersecurity industry has a terminology problem; 'passwordless' suggests a binary state, but in reality, organizations occupy a spectrum of authentication methods."

"For small and mid-size businesses, the challenge of transitioning to passwordless solutions is more acute, as they lack the resources that large enterprises can dedicate to identity transformation."

Despite predictions of a passwordless future, 76% of organizations still use legacy passwords as their main authentication method. Only 43% have implemented any passwordless solutions, and most have done so for less than half their workforce. The transition to passwordless authentication is complicated by the need to maintain legacy systems. Small and mid-size businesses face greater challenges in this transition compared to larger enterprises, which can allocate resources for extensive identity transformation projects.

Read at TNW | Data-Security