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Security researchers applaud Google's move towards multi-factor authentication


A sign is displayed at the Google outdoor booth during exhibitor setups for CES 2020 at the Las Vegas Convention Center in Las Vegas, Nevada. Google announced that it will automatically enroll users in multifactor authentication – what they are calling two-step verification. (Photo by Mario Tama/Getty Images)
Google took an important step on Thursday by saying that “very soon” they will automatically enroll users in multifactor authentication – what they are calling two-step verification (2SV) – a move security researchers say is a step in the right direction.
Google made the announcement on World Password Day, in which Mark Risher, Google’s director of product management, identity and user security, pointed out in a blog that 66% of Americans admit to using the same password across multiple sites, which makes all those accounts vulnerable if any one fails. ....

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Consumer Password Hassles Linked to Lost Revenue | Computing


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By John P. Mello Jr.
Mar 31, 2021 4:00 AM PT
Online businesses are losing potential customers and substantial amounts of revenue because they re dependent on traditional password systems and outdated customer authentication models, says a report released Tuesday by an access and identity management company.
Lost customers and revenues are caused by password sharing and friction created at websites by onerous authentication procedures, according to the report by Transmit Security derived from a survey of 600 U.S-based consumers 18 to 54 years old.
The survey found that half of the responding consumers admitted sharing a password to at least one of their accounts; and 41 percent acknowledged they share their passwords often. ....

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