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Passwordless Login Growing Rapidly – How Global Companies Protect Themselves Against Cyber Threats
Updated: May 26, 2025, 09:44 Published: May 26, 2025, 09:42
Passwords are one of the biggest security risks in today’s digital landscape. Now, companies like Hyatt and the city of Munich are choosing to move towards passwordless login – with increased security and productivity as a result.
Cyberattacks have become increasingly sophisticated. Ransomware, phishing, and internal threats are increasing in both scope and cost – and the password is often the weakest link. Despite investments in security solutions, login credentials are a recurring entry point for intrusions. To meet the growing threat, more and more global players are choosing to replace passwords with stronger authentication solutions – where physical hardware is central.
“Companies Must Act Now”
A leading company in anti-phishing secure multi-factor authentication, sees a clear shift where more and more organizations are moving towards passwordless.
– AI and advanced actors are developing at a furious pace, which significantly increases the level of risk. To protect themselves against phishing attacks, companies need to act now and introduce security keys based on hardware – the most robust option available, says Jerrod Chong, President and COO.
Clear Results for Hyatt and the City of Munich
Both Hyatt and the city of Munich have introduced security keys to reduce their dependence on passwords. Hyatt has implemented the solution to protect personal data and card data – while improving the user experience.
– Users have been surprised at how seamlessly everything works. You insert your security key in the morning – then the day rolls on without interruption. It’s not just about security – it simplifies everyday life, says Art Chernobrov, Head of Identity and Access at Hyatt.
The city of Munich has in previous statements highlighted the rapid implementation and clear effects:
– We are definitely safer. We are very fond of the security key as strong authentication. It is much more reliable and secure than other solutions that are not based on smart cards, said Matthias Wagner – IT Architect & Director, Cybersecurity Center, then.*
How Passwordless Works in Practice
Passwordless authentication is based on hardware-based security without shared secrets. It minimizes the risk of phishing, increases productivity, and reduces the burden on IT departments. For companies in finance, healthcare, and infrastructure, it also means an easier path to regulatory compliance – as well as a cornerstone of Zero Trust strategies.
More About the Company
The company (Nasdaq Stockholm: YUBICO) is the inventor of the YubiKey – the gold standard for anti-phishing secure multi-factor authentication (MFA) – as well as co-creator and contributor to FIDO’s open authentication standards. The company is a pioneer in hardware-based, passwordless authentication with top-class passkeys and has customers in over 160 countries.
Want to know how passwordless can work in your organization? Book a demo or download the guide Going passwordless in a passkey age to read more
*The quote is taken from the company’s public case study about Munich.
The article is produced by Brand Studio in collaboration with the company and not an article by a news publication.
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