NordPass announced
it has developed a solution to securely store and manage passkeys. With
Microsoft, Apple, and Google leading the passkey vision and various websites
only starting to use passkeys for online authentication, the new release by NordPass will help internet users easily adapt to this
market change without compromising on security and convenience.
"If there had
been password management services right when passwords were created back in the
last century, we now wouldn't have issues like locked accounts, password reuse,
or weak passwords. As online authentication is entering a new modern phase with
passkeys at its forefront, we at NordPass feel the momentum to create
future-proof features and help our clients easily handle all of their digital
accounts from day one," says Jonas Karklys, CEO of NordPass.
Company set to implement 360 passwordless
approach
Having publicly revealed its strategy on approaching the
"‘passwordless future" back in January, NordPass has now introduced its first
passwordless solution - as of now, both
individual and business users are able to store and manage passkeys from
various websites in NordPass, and use them to access apps and websites. With
passkeys automatically saved on NordPass instead of a device, they can be
accessed on various devices and operating systems, as well as shared with
others.
Called the NordPass
Passkeys, this release is available on the desktop app, web vault, and on the
Firefox and Chrome-based browser extensions. Support for the Safari extension
is coming later this year, as well as mobile support whose development relies
on platform vendors.
Also this year, the
company plans to introduce passwordless sign-in to NordPass, which means there
will no longer be a need to repeatedly enter Nord Account and Master password
to reach your personal space.
Additionally,
NordPass aims to provide a solution to help online businesses and other online
service providers to integrate the support of passkey authentication.
Passkeys in
a nutshell
While FIDO Alliance,
which NordPass is a member of together with other
progressive tech companies, is on the constant lookout for the latest tech advances
in user authentication, passkey technology is currently considered the most
secure and promising alternative to passwords. It has already been adopted by
Apple, Microsoft, Google, Paypal, eBay, KAYAK, and various other websites.
When joining one of the
websites supporting passkeys, the user's device generates a pair of related
keys - public and private. The private key is saved on the device
itself and the public key is stored on the website's server. Without each
other, they are useless.
"And here is
passkeys' superiority to passwords. People often lose access to their accounts
when a hacker breaks into the website's server where the users' passwords are
stored, sometimes even unencrypted. Passkeys saved on a server are way less
valuable since they work only in pairs with private keys saved on a device,"
says Karklys.
Poor
password habits remain an issue
Because 82%of all data breaches in
2022 involved the "human element," it is no surprise that the way
internet users handle their accounts needs to change. Having hundreds of
accounts to manage, people tend to reuse passwords, and go for easiest
combinations of letters, numbers, and symbols when creating them.
According to the
annual research by NordPass, in 2022, the
world's most common password was "password," followed by "123456," "123456789,"
and "guest." While these poor password habits do not seem to drastically change
throughout the years, cybersecurity experts were for a long time looking for
new online authentication solutions that would take password "hygiene"
responsibility from the user.
Since passkeys
consist of randomly generated, unique, and long combinations of characters,
they are not meant to be remembered by heart - the technology works in such a way that it ensures that the
private and public keys connect without user intervention.