In the ongoing quest to provide a more user-friendly way to authenticate identity, the concept of passkeys is emerging as a promising solution. Passkeys represent a significant step towards achieving both heightened security and improved user experience in digital authentication.
What Are Passkeys?
Passkeys are an authentication method where users depend on a trusted, owned device to verify their identity. This process involves the safe device sending confirmation to the Passkey application once authentication is successful. Essentially, Passkeys act like a specialized key that is unique to each user and is stored locally on their device. This local storage significantly enhances security by minimizing vulnerability to phishing attacks since there are no password transmissions that a malicious party can intercept.
How Passkeys Work
The process of using Passkeys is designed to be straightforward, yet robust.
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- Register a Device: Users create a unique key on their compatible device, such as a laptop or mobile device.
- Authenticate: When accessing a service or application, users authenticate themselves using their registered device. This typically involves using biometric identifiers, such as fingerprints or facial recognition, or entering a special authentication code generated by a trusted device.
- Get Access Granted: Upon successful authentication, the registered device communicates with the application to grant the user access to the desired service or application.
Benefits of Passkeys
Implementing Passkeys offers several advantages over traditional password-based systems.
- Enhanced Security: Biometric data and authentication keys are securely stored on the user’s device, which reduces exposure to centralized servers and lowers the risk of interception during transmission.
- Phishing Protection: Since Passkeys do not exchange passwords, it becomes significantly harder for cybercriminals to execute phishing attacks aimed at stealing login credentials.
As the industry moves towards a password-free future, Passkeys represents a pivotal advancement in digital authentication technology by offering a robust blend of security measures and user convenience. Solutions like Passkeys pave the way for a more secure digital ecosystem where users can access their accounts with confidence, knowing their personal information is safeguarded by cutting-edge authentication methods.
CoreLogic® Real Estate Solutions multiple listing clients need Clareity Assure™ to activate Passkeys. Clareity® Risk clients can upgrade to Clareity Assure at no additional cost. Not a Clareity Risk or Assure client? Ask us for a demo! For more information, contact your CoreLogic account rep.
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