Passwords are ubiquitous, despite not being foolproof and cannot alone protect your online identity. Almost one-third of data breaches reported over the past decade happened due to stolen credentials, per Verizon, including some of the biggest breaches of all time.

Instead, the industry has largely found passkeys arguably the most prominent solution to replace passwords. More than 15 billion accounts online can use passkeys, and big tech companies — Amazon, Apple, Google, and Microsoft, and others — are working together to promote passkey adoption.