Passwordless User Auth for Go – Why Its Important
Embracing amplified security in today’s digital landscape is essential. The shift towards passwordless user authentication is gaining momentum in Go programming.
This article delves into three pivotal advantages that highlight the relevance of adopting passwordless authentication mechanisms. From bolstering cybersecurity to enhancing user convenience, the merits of this paradigm shift are undeniable.
Explore how passwordless user authentication aligns with modern security imperatives and elevates user interactions within the context of Go programming.
Seamless User Experience
In modern business, prioritizing the comfort and satisfaction of customers and employees has become paramount.
According to a HubSpot survey, an impressive 68% of individuals are willing to invest more in products and services offered by companies renowned for exceptional customer service. This approach to user authentication is a crucial factor influencing this perception of quality.
Traditional password-based authentication has proven to be a source of inconvenience for users. The burden of remembering, managing, and inputting passwords has led to frustration and time wastage. Lengthy forms for account creation and password resets further compound the issue.
Astonishingly, Beyond Identity’s findings indicate that nearly 40% of Americans experience significant password fatigue. Worryingly, 8% of those suffering from this fatigue report detrimental impacts on their mental well-being—an outcome no business desires for its customers.
Passwordless login solutions provide a seamless and user-friendly verification process. Employing methods such as fingerprint or facial recognition or device-specific passwords, passwordless authentication eliminates the need for users to grapple with unwieldy passwords.
Passwordless authentication goes beyond mere convenience; it directly safeguards your business from customer decay. As per the FIDO Alliance, a notable one-third of consumers have abandoned accessing online services due to forgotten passwords. Embracing passwordless solutions thwarts this undesirable trend and cultivates enduring customer loyalty.
Evidently, the appeal of passwordless authentication transcends its simplicity. According to Ping Identity, a staggering 96% of global IT leaders acknowledge that passwordless authentication enhances the user experience for employees. The mechanism of passwordless authentication bypasses the manual entry of passwords, replacing it with swift and secure biometric verification methods like fingerprints and facial scans.
The merits of passwordless authentication extend to e-commerce domains as well. As highlighted by FIDO, a substantial 58% of consumers abandon shopping carts due to login frustrations. Passwordless methods nullify this grievance swiftly and intuitively, ensuring a seamless transaction process.
Unveiling a new era in security, passwordless authentication is a formidable defense against the dangers of conventional passwords. The alarming statistic from Verizon, revealing that a staggering 81% of company data breaches stem from inadequate passwords, underscores the dire need for a paradigm shift in authentication strategies.
Unlike traditional methods, passwordless authentication redefines security by dismantling the reliance on a single factor – a mere piece of knowledge. Embracing multiple authentication factors, such as fingerprints, facial recognition, and device PINs, passwordless systems eliminate the vulnerability that arises from information-centric approaches.
This vital change offsets the risks associated with unauthorized password sharing. A concerning practice exposed by Google’s findings is that 43% of individuals have shared their passwords. Through this innovative approach, the convenience-security trade-off, spotlighted by the mere 45% of users willing to change their passwords post-data breach, is elegantly resolved.
By replacing passwords with a combination of two or more verification factors, passwordless authentication channels security through different avenues, rendering a breach immensely more challenging. Credentials, residing locally on users’ devices, fortify the system against attacks. Microsoft’s assertion aptly echoes this robustness that employing MFA makes accounts 99.9% less susceptible to compromise.
The compromise of passwords has surged by 65% from 2020 to 2022, painting a stark picture of the escalating vulnerability. However, passwordless systems like Passkey are set to revolutionize the authentication landscape.
Ditching traditional passwords during verification, these systems store private keys behind the formidable security barrier of facial or fingerprint scans. This proactive approach, fortified by the Verizon 2022 Data Breach Investigations Report findings, which attribute 63% of social engineering attacks to compromised credentials, stands as an unparalleled shield against password spraying, XSS, CSRF, and email phishing.
Adopting passwordless authentication becomes inevitable as the corporate world steers toward robust security. Teleport’s compelling data reveals that 87% of respondents deem a shift toward passwordless infrastructure as either important or very important.
Lower IT Costs
The conventional practice of relying on passwords for authentication has become costly. Maintaining password-based authentication systems demands extensive resources – encompassing server upkeep, security enforcement, hashing, management, and responsive customer support.
However, the value proposition of passwords has decreased considerably in light of rapid technological progress.
Recent data substantiates the vulnerabilities of password-based authentication. Shockingly, hackers compromised a staggering 24 billion passwords in 2022, according to a Digital Shadows report. Additionally, half of all internet users possess a rudimentary grasp of sound password security practices, which makes such systems’ efficacy questionable.
The emergence of passwordless authentication presents a paradigm shift that bolsters security and alleviates financial strain for businesses.
For example, in Microsoft’s case: before adopting passwordless authentication, the company anticipated expenses of $3 million in upfront costs and a subsequent annual loss of $6 million in productivity. A remarkable 87% reduction in tangible and intangible costs was realized post-implementation.
Furthermore, insights from Gartner underscore the ubiquitous nature of password-related issues. An astounding 40% of help desk calls stem from password-related difficulties, a substantial drain on organizational efficiency.
Consider a finding by Forrest Research that pegs the cost of resetting an individual’s password at $70 – the adoption of passwordless authentication thus emerges as an absolute financial boon.
Notably, the World Economic Forum reveals that employees spend an average of 11 hours annually resetting their passwords. For an enterprise boasting a workforce of 15,000, this translates into a staggering $5.2 million loss in productivity per annum.
Passwordless solutions deftly eliminate the need for password resets, consequently negating any productivity toll. Likewise, the burden of encrypting and decrypting passwords, a resource-intensive task, becomes obsolete with passwordless systems – thus fostering a direct avenue for cost reduction.
Vault Vision – Your Goto Passwordless Authentication Provider for Go
We are an all-in-one user authentication platform that officially supports Go to provide passwordless solutions. You can integrate our services in under a minute using our open-source Go boilerplate code.
Our platform is certified by FIDO, OpenID Connect, WebAuthn, and other leaders of the passwordless world. We take pride in providing solutions like Passkey, Social OpenID, Device-based MFA, TOTP, and more.
Passwordless authentication will help you drive user login engagement and new user growth on your Go app. Try Vault Vision now for free – all you need to do is create your account to start the free trial.