Dashlane says passkey adoption has increased by 400 percent in 2024

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Password manager Dashlane has released a new passkey report that gives us some idea of how many people are adopting the cryptographic passwordless logins. According to the report, Dashlane has seen a 400 percent increase in passkey authentications since the beginning of the year, with 1 in 5 active Dashlane users now having at least one passkey in their Dashlane vault. 

Over 100 sites now offer passkey support, though Dashlane says the top 20 most popular apps account for 52 percent of passkey authentications. When split into industry sectors, e-commerce (which includes eBay, Amazon, and Target) made up the largest share of passkey authentications at 42 percent. So-called “sticky apps” — meaning those used on a frequent basis, such as social media, e-commerce, and finance or payment sites — saw the fastest passkey adoption between April and June of this year. 

Other domains show surprising growth, though — while Roblox is the only gaming category entry within the top 20 apps, its passkey adoption is outperforming giant platforms like Facebook, X, and Adobe, for example.

Dashlane’s report also found that passkey usage increased successful sign-ins by 70 percent compared to traditional passwords. According to a report from the FIDO Alliance (the coalition behind the development of passkeys), people are abandoning purchases and attempts to sign in to services via passwords almost four times per month on average, a 15 percent increase between 2022 and 2023.

Google shared a similarly positive update in May, revealing that passkeys had been used over a billion times collectively by 400 million Google accounts. It’s good to see an increase in adoption rates, but we’re a long way off from replacing traditional passwords entirely.

Correction, July 30th: Replaced image of a graph that incorrectly showed Stripe had rolled out passkey support in 2024.



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Dashlane says passkey adoption has increased by 400 percent in 2024


Password manager Dashlane has released a new passkey report that gives us some idea of how many people are adopting the cryptographic passwordless logins. According to the report, Dashlane has seen a 400 percent increase in passkey authentications since the beginning of the year, with 1 in 5 active Dashlane users now having at least one passkey in their Dashlane vault. 

Over 100 sites now offer passkey support, though Dashlane says the top 20 most popular apps account for 52 percent of passkey authentications. When split into industry sectors, e-commerce (which includes eBay, Amazon, and Target) made up the largest share of passkey authentications at 42 percent. So-called “sticky apps” — meaning those used on a frequent basis, such as social media, e-commerce, and finance or payment sites — saw the fastest passkey adoption between April and June of this year. 

Other domains show surprising growth, though — while Roblox is the only gaming category entry within the top 20 apps, its passkey adoption is outperforming giant platforms like Facebook, X, and Adobe, for example.

Dashlane’s report also found that passkey usage increased successful sign-ins by 70 percent compared to traditional passwords. According to a report from the FIDO Alliance (the coalition behind the development of passkeys), people are abandoning purchases and attempts to sign in to services via passwords almost four times per month on average, a 15 percent increase between 2022 and 2023.

Google shared a similarly positive update in May, revealing that passkeys had been used over a billion times collectively by 400 million Google accounts. It’s good to see an increase in adoption rates, but we’re a long way off from replacing traditional passwords entirely.

Correction, July 30th: Replaced image of a graph that incorrectly showed Stripe had rolled out passkey support in 2024.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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