Technology Magazine April 2023 | Page 25

“ It ’ s clear that the MFA in-use today is a band aid that isn ’ t working ”

on what we bring to the table . Broadly speaking , Jim is the innovator and I ’ m the technology guy with the operational expertise that makes it happen , but I would say the partnership and collaboration are key .
Today , we are 100 % driven in our strong belief that becoming passwordless is the next big thing for cyber and it should be top of the list for enterprises large and small everywhere . Given our past success and ability to collaborate to bring disruptive ideas to market , we were both excited to go forward and tackle this one together .
Why is passwordless the next big thing in cybersecurity ? Passwords are the root of all evil , the cause of all our cybersecurity problems and threats today . Trust in corporate networks has never been more important and passwordless authentication is a giant step forward for the industry . The password vulnerability has led to a nearly incalculable number of successful data breaches . Stolen and reused credentials are the main source of ransomware and account takeover today . Eliminating passwords removes prominent attack vectors reusing stolen credentials to gain access and multiple other password-based attacks . MFA was supposed to solve the password issue , but it ’ s clear that the MFA in-use today is a band aid that isn ’ t working . By eliminating passwords and replacing weak MFA with strong , easy-to-deploy , phishing-resistant authentication methods , CISOs and team leaders can shut the door on their largest vulnerability and build the most robust Zero Trust initiatives .
Industry leaders like Snowflake , Unqork , and Roblox are relying on Beyond Identity to solve their access security challenges for their customers , employees , contractors and developers to advance their journey toward Zero Trust security .
How are you building a modern approach to MFA at Beyond Identity ? A passwordless identity management solution , like Beyond Identity , replaces passwords with asymmetric cryptography that employs public / private key pairs and creates a FIDObased phishing-resistant authentication process . Users are authenticated by proving they possess the enrolled device and that it is bound to the user ’ s identity . Establishing high trust in the user and the device , plus the ability to ensure devices meet appropriate security controls before and after initial access , is a cornerstone of a Zero Trust model – especially for modern network architectures where the identity has become the new perimeter . Even if you did all the other pieces of Zero Trust perfectly , unless you establish user identity and trust in the device , the effort will fail . technologymagazine . com 25