Learn about passwordless authentication, and explore the different types, benefits and limitations to help you decide which solution to choose.
Passwordless authentication is a more secure method of granting access to systems. Typically, it works by verifying something unique to a user or something physical that the individual must possess.
In this article, we explore the types of passwordless authentication, benefits and limitations, and popular solutions.
| Benefits of passwordless authentication | Drawbacks of passwordless authentication |
|---|---|
| More secure than password-based systems. | May require more upfront training. |
| Smoother user experience (UX). | Higher short-term implementation costs. |
| Reduced need to reset user logins. | More difficult to resolve login issues. |
Passwordless authentication allows users to access a system without the need to provide a password. Instead, users are authenticated based on other factors, such as biometrics, magic links, hardware tokens, and more.
Businesses can reap many benefits from this. It’s a more secure way of authenticating users, making companies less susceptible to data breaches. Information technology (IT) departments can also spend less time supporting users with resetting passwords, and individual users can have a better experience gaining access to systems.
With passwordless authentication, users typically can be verified with something that is either unique to them or something physical that only they would have. Below are several examples of how passwordless authentication can be implemented to improve both local and cloud security.
Although more secure, passwordless authentication comes at the cost of more difficult reset processes should users get locked out. Despite that, it’s becoming increasingly popular with as many as 41% of companies planning to adopt or continue using passwordless authentication over the next one to three years.
Although it has many benefits, businesses should also examine the downsides of switching to passwordless authentication systems. Companies should consider the lifecycle of such a switch, such as the initial implementation to any ongoing items required to maintain the system.
Businesses can reap many benefits from a passwordless authentication system. While the adoption rate continues to grow over time, some businesses may struggle with its implementation for the following reasons.
There are many providers of passwordless authentication solutions, and the best one for a business will depend on its unique circumstances. Some solutions like ManageEngine’s ADSelfServicePlus product can provide one-click access to a wide range of applications while others, such as OneLogin, can evaluate the context and risk of each login before granting access.
Used by large companies worldwide, Prove Auth provides passwordless and OTP-less authentication for mobile, web, and omnichannel experiences by using app push notifications and biometrics. Businesses must speak with the sales team to get pricing information.
Businesses can combine multi-factor authentication (MFA) and SSO capabilities while easily managing user access to a wide range of platforms. Adaptive, push, and pattern-based authentication can be done, and pricing is customized based on each individual company.
This allows businesses to simplify logins by enabling SSO one-click access to cloud and on-premises applications. Pricing is free for small companies with up to 50 users, and larger businesses can request a custom quote.
Ideal for startups to medium-sized companies, OneLogin can evaluate the details of logins, such as device type, time of day, and location. It also offers other features, such as SSO and MFA. Bundled pricing begins at $4 per user each month, depending on what features are selected.
Pricing for a passwordless authentication solution typically is driven by specific features and functionality provided. Other factors that can impact pricing include the number of users, subscription method and length, and whether the product has any physical hardware requirements.
Passwordless authentication provides businesses with a more secure way of ensuring authorized access to systems. While there may be short-term expenses associated with making the switch, this can prevent the costs that could be incurred as the result of a data breach, each of which is estimated to cost $4 million on average.
Andrew Wan is a subject matter expert in Small Business Finance at Fit Small Business. With over a decade of experience in mortgage lending, he was also previously a certified technician for various Apple, Dell, and Microsoft products, and is now lending his expertise to TechRepublic and Technology Advice. Andrew holds a California real estate broker license.