SecureW2 Raises $80M from Insight Partners
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Source: finsmes.com
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Passwordless authentication startup SecureW2 raises $80M from Insight Partners
Passwordless authentication offers a host of advantages over traditional pins, passphrases and passcodes. Surveys around the web show that compromised passwords cause an estimated 81% of all breaches and that the average person reuses passwords up to 14 times, giving hackers access to a big chunk of one's digital footprint if they crack the code just once. A Harris Poll study found that 48% of companies didn't have passwordless authentication as of 2021, in part because they believed that they lacked the right skills and teams to successfully implement it.
Source: yahoo.com