- Cloud based Identity Brokers who will help individuals authenticate to a single source and then authenticate them to Internet Sites
- Use of Open ID by major social networking sites
- Enhanced strength of passwords through a second factor authentication means using a photo or a code
- Increased use of virtual keyboards to key in passwords to defeat key loggers
Thursday, December 22, 2011
IBM 5 in 5 Predicts the Demise of Passwords
Every year IBM releases IBM 5 in 5 which is a forecast of the five Innovations that will change the Tech Landscape in the next five years. The successes of IBM’s predictions seem to have mixed but beside PR, IBM derives value by forcing the entire company to think along these predictions.
One of 2012 predictions is on the future of passwords.
The name "multifactor biometrics" sounds as intriguing as the thrillers that use it as a plot device. In real life, the use of your retinal scan or your voice as a passport to verification will replace multiple passwords for access to information and secret hideouts, should you decide to accept the option. Your unique biological identity becomes your only password as multifactor biometrics aggregate these characteristics in real time to prevent identity theft. “
There seems to be a fair possibility of this prediction coming true in the 3-5 years timeframe. Building biometrics into smartphones and tablets may spur adoption. I believe companies and government may be early adopters. Biometric’s as a substitute to passwords still have a few challenges to overcome such a cost, reliability and unknown unknowns that may result in biometric compromise in the future.
The full value of biometrics will however be derived if normal Internet users can use them for commerce transactions on the Internet, which I believe will be largely driven my marketplace economics. Adoptions by large credit card firms such as VISA and Mastercard may tilt the balance.
So in a nutshell, its wait and watch! No relief in sight just yet.
My expectations are that in the short term the number of passwords will reduce via
A good read is an earlier post Password, the WORST security tool we need to eliminate, but can’t.