The password is remnant of an era before hacking and credential-based attacks became a widespread problem. Although the internet has changed significantly since the early days, passwords have practically remained the same. In parallel, cybercriminals have targeted operating systems with increasing sophistication and frequency as computers have become more accessible worldwide.
For years, IT professionals have discussed the idea of passwords becoming obsolete. The issue with passwords is that they can easily be stolen and compromised. In addition, passwords can be costly, time-consuming, difficult to manage, and result in poor user experience. Furthermore, the fact that password reuse is a common practice among customers and employees only exacerbates the problem.