5 Reasons To Transition Your Business To Passwordless Authentication
Ditch the passwords. Discover five reasons why your business should move to passwordless authentication today—improve security, cut IT costs, and deliver a seamless user experience.
5 Reasons to Transition Your Business to Passwordless Authentication
No matter what industry you’re in, you’ve got to be prepared to grow and evolve. What worked five or ten years ago may not be the best solution today—especially when it comes to securing your business and protecting customer data.
Passwords, once the cornerstone of digital authentication, have become a liability. Cybercriminals have grown more sophisticated, and password-based security is no longer enough. Fortunately, passwordless authentication offers a more secure, seamless alternative—and BlokSec’s phishing-resistant platform makes the transition simple.
Here are five compelling reasons to transition your business to passwordless authentication now.
1. Avoid Fraud and Identity Theft
When data is compromised, fraud and identity theft follow. Hackers can access contact details, health records, financial credentials, and more. According to the 2024 IBM Cost of a Data Breach Report, 19% of breaches involved stolen or compromised credentials as the initial attack vector, with an average cost of $4.45 million per breach.
Businesses must take stronger preventative action. Passwordless authentication with BlokSec eliminates the most common entry point for attackers: the password. With no shared secrets to steal or phish, fraud attempts are stopped before they start.
2. Cut Costs and Boost Productivity
Beyond the cost of breaches, password-related issues hurt your bottom line through lost productivity. According to a Gartner 2024 study, IT help desks spend 20% of their time managing password resets, and the average cost per reset is $70.
Employees waste time recovering access to accounts. Passwordless login streamlines authentication, reduces IT support volume, and frees up time for high-value tasks.
3. Increase Operational Efficiency
Even when passwords aren't compromised, they slow things down. Typing complex combinations across multiple platforms creates unnecessary friction.
Biometric or device-based authentication methods are faster and more reliable. Whether it's tapping a sensor or using face recognition, passwordless authentication supports faster logins and better workflows—both for employees and customers.
4. Deliver a Better User Experience
Passwordless login eliminates the headaches of forgotten credentials and frequent resets. It’s intuitive, secure, and seamless—resulting in:
- Fewer support tickets
- Happier customers
- More productive employees
It’s a win across the board, with improved user satisfaction and stronger security in one move.
5. Keep Pace with Innovation
Passwordless authentication isn’t a trend—it’s becoming the standard. According to Gartner, by 2025, 70% of organizations will implement passwordless methods in over half of their use cases.
The benefits are clear: better security, lower operating costs, and a modern experience for users. Businesses that delay adoption risk falling behind competitors who are already ahead of the curve.
BlokSec’s passwordless authentication is phishing-resistant, user-friendly, and ready to scale. If you’re ready to modernize your authentication strategy, contact us today for a personalized consultation.