FIDO: Consumers are Adopting Passkeys for Authentication

FIDO Alliance’s latest Online Authentication Barometer reports rising public awareness of passkeys (39% in 2022 to 57% this year) and declining password use across sectors (e.g., financial 51%→31%), with biometrics regarded as the most secure and preferred method by many users. Roughly 20% of the top 100 sites (including Amazon, Microsoft, Google, Uber, and WhatsApp) now support passkeys, and Microsoft announced usability enhancements and support for third-party passkey providers. Hypr’s data shows 78% of organizations targeted by identity-based attacks and 63% breached via authentication, with strong interest in passwordless MFA amid rising scams and AI-driven threats. Despite momentum, passwords are expected to persist for now, reinforcing the need for robust identity management.