Passwords Are Dead. What's Your Excuse for Still Using Them? | HackerNoon
Briefly

Compromised credentials are the primary cause of web application breaches, making up 88% of incidents, highlighting the inadequacy of traditional password-based security measures. A recent data leak of 16 billion accounts, predominantly from previous breaches, has contributed to a false sense of security, leading to apathy in password management. Security breaches increasingly occur through phishing and social engineering, showing that even heavily regulated companies can fall victim to these tactics. Traditional measures like password hygiene and two-factor authentication are insufficient against credential theft.
Compromised credentials are constantly being harvested and used for phishing, account takeover, and identity theft. Once exposed, measures like password hygiene and 2FA fall dangerously short.
Breaches, hype, and the same old story: compromised credentials account for 88% of web app breaches, meaning most are unauthorized logins rather than sophisticated attacks.
Read at Hackernoon
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