FIDO, acronym for Fast IDentity Online, is an industry standard to help eliminate the need for a user to create and remember passwords on websites, portals and applications across the information technology ecosystem. A simple solution that reduces the need to remember passwords, works with the same devices that people use every day and a single authenticator device that works across all services is the need of the hour.
The FIDO specification is managed by the Fido Alliance and all major industry stake holders drive the migration away from Passwords and towards strong authentication.
Based on free and open standards from the FIDO Alliance, FIDO Authentication enables password-only login's to be replaced with secure and fast login experiences across websites and applications. All Authentication use cases are solved using the FIDO Tokens including Password-less Authentication, Second-Factor Authentication and MULTI-FACTOR Authentication.
e-Smart is in the process of completing the development of Fido2 Authenticators with USB+NFC and Bluetooth interfaces for desktop and mobile devices. We expect the product to release for world-wide sales in Q4 of 2021.
- Passwords are the root cause of over 80% of data
- Average user has more than 90 online accounts
- Upto 51% passwords are re-used
- ⅓ of online purchases are abandoned due to forgotten
Data breach risks and damages
FIDO enabled services to a rapidly growing addressable market
user experience = more site visitors, brand affinity, employee productivity
Ensures interoperability & security across your supply chain
Approach future-proof's your authentication investments
Through avoidance of password resets, device provisioning, customer support