The majority of businesses believe passwordless authentication is a step in the right direction, but are concerned over cost, storage of data and user adoption. According to research of 750 IT and security professionals LastPass, the concept of reducing password related risks by enabling users to login to devices and applications without the need to type in a password is appealing, as technologies such as biometric authentication, single-sign-on (SSO) and federated identity are adopted instead of traditional passwords.

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