Security has become a top priority for many tech companies. Some have even deemed it one of the most urgent matters in the industry today. On that note, Apple has made an unusual and uncharacteristic move by joining the Fast Identity Online (FIDO) Alliance.
For those unfamiliar with FIDO, it is an authentication standards group that has dedicated itself to overhauling the way we secure our data. To be more precise, their primary campaign is to get rid of passwords altogether because of its inherent security vulnerabilities. According to the group’s research, 81 percent of all security breaches stem from stolen or weak passwords. In line with this, FIDO wants to replace this archaic form of security with a faster and safer way of logging in – in the form of two-factor authentication.
Established in 2012, FIDO has since gathered support from various giants in the tech industry. Apple now joins the likes of Facebook, Amazon, Microsoft, Google, and Intel to name a few. Of course, FIDO is not limited to tech companies as financial firms such as Paypal, American Express, and PayPal have gotten on board as well. This latest development is groundbreaking news, according to cybersecurity experts.