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Passwords are more important than ever before, but for users trying to keep ahead of technology in this area seems like being on the losing end of an arms race. The reason is, hackers are using more sopisticated methods to obtain access to your data. It's only a matter of time until the use of random characters or phrases in passwords will be broken. In response, organizations try and implement yet even more strict password requirements.
Why not have the computer(s) identify the person that's using it? I'm not talking about fingerprints, but a more robust biometric system that looks at a number of personal attributes to identify the user. DARPA is trying to figure out how computers can adapt to users, rather than users to computers in this case (National Defense Digital - 2012).
Until the day arrives where computers can identify their users, the password arms race will continue.

Thomas