The addition of passkeys provides CyberArk Identity customers with phishing-resistant, FIDO2-compliant credentials that replace passwords, providing the strongest level of protection against identity theft and account takeover and is a NIST Authentical Assurance Level (AAL3) authentication method. Additionally, passkeys work across user devices, and even work on those within physical proximity, improving user experiences by simplifying and speeding up authentication flows.

Source: Help Net Security