Microsoft exec: We continue to see passwords being a big risk for companies – Yahoo Finance4 min read

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Microsoft CEO Satya Nadella. (AP Photo/Elaine Thompson, File)Microsoft (MSFT) wishes to get rid of passwords, with one top executive calling them an “fundamental danger” to security.As part of its annual Ignite conference, the tech giant revealed on Tuesday that it will begin permitting business customers that utilize its Azure Active Directory, Microsofts cloud authentication platform, to ditch passwords for biometrics to protect work accounts.”When theres passwords there is fundamental threat to the company,” Vasu Jakkal, Microsoft business vice president of compliance, security, and identity marketing, told Yahoo Finance.”We continue to see passwords being a big danger for organizations,” Jakkal stated. “And the average e-mail address is associated [with] I believe higher than 100 accounts now. That means whenever one email address is jeopardized youre jeopardizing all these accounts.”Microsoft prepares to let service users instead sign into their business accounts using facial acknowledgment software like Windows Hello for Business, fingerprint scanners, the Microsoft Authenticator app, or a FIDO 2 (quick identity online) option such as a physical USB key.Jakkal mentions that users require to make a note of passwords or store them online to remember them, which itself is a security concern. Whats more, enemies can utilize approaches such as password spraying in the hopes of hitting the ideal mix and breaking into users profiles.Hackers can also exploit users who have a single password on multiple accounts.We do hope that passwordless is going to be the normMicrosoft isnt the only company that provides such passwordless services. Amazons (AMZN) AWS, Microsofts primary cloud competitor, has a similar offering for its Amazon Cognito authentication platform. Microsoft appears committed to getting rid of passwords for all users.”Its a long journey however we do hope that passwordless is going to be a norm,” Jakkal stated. “It is a safer method to do things therefore the more we can all accept that I believe the more we can safeguard ourselves and our organizations.”Story continuesIn addition to kicking passwords to the curb, Microsoft revealed that it will begin offering its security services to customers who use multi-cloud platforms. To put it simply, if your company has Microsoft Azure along with Amazons AWS or Googles (GOOG, GOOGL) Cloud Platform (GCP), Microsofts security apps will work on its own Azure service, as well as with AWS and GCP.The idea is to make security more structured and less of an inconvenience that needs IT experts to handle numerous apps to keep their organizations safe from attackers.Microsoft has been making security a bigger part of its business story as of late. In January CEO Satya Nadella told Yahoo Finance that there is a “huge crisis right now” in cybersecurity. He spoke with Yahoo Finance the month after a massive hack of federal government firms and business including the software company SolarWinds.That occurrence saw believed Russian hackers compromise software application updates for SolarWinds network tracking tools. That hack enabled the enemies to then break into the systems of significant federal government companies consisting of the Treasury Department.Microsoft, which Nadella says made $10 billion on security items in the last 12 months, assisted detectives to identify victims and determine the scale of the hack. “I was most happy that we became the very first responders for this attack,” Jakkal told Yahoo Finance in January. “We were the defenders that other protectors were turning to.”Sign up for Yahoo Finance Tech newsletterGot an idea? Email Daniel Howley at dhowley@yahoofinance.com over through encrypted mail at danielphowley@protonmail.com, and follow him on Twitter at @DanielHowley. More from Dan: Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, SmartNews, LinkedIn, YouTube, and reddit. Find live stock exchange quotes and the current service and finance newsFor tutorials and information on investing and trading stocks, inspect out Cashay.

(AP Photo/Elaine Thompson, File)Microsoft (MSFT) wants to get rid of passwords, with one leading executive calling them an “inherent risk” to security.As part of its yearly Ignite conference, the tech giant announced on Tuesday that it will start allowing organization consumers that utilize its Azure Active Directory, Microsofts cloud authentication platform, to ditch passwords for biometrics to protect work accounts.”When theres passwords there is fundamental threat to the organization,” Vasu Jakkal, Microsoft business vice president of compliance, identity, and security marketing, informed Yahoo Finance.”Microsoft prepares to let company users instead sign into their corporate accounts utilizing facial recognition software application like Windows Hello for Business, fingerprint scanners, the Microsoft Authenticator app, or a FIDO 2 (fast identity online) option such as a physical USB key.Jakkal points out that users need to write down passwords or save them online to remember them, which itself is a security issue. In other words, if your company has Microsoft Azure as well as Amazons AWS or Googles (GOOG, GOOGL) Cloud Platform (GCP), Microsofts security apps will work on its own Azure service, as well as with AWS and GCP.The concept is to make security more structured and less of a trouble that needs IT experts to manage numerous apps to keep their companies safe from attackers.Microsoft has actually been making security a larger part of its corporate story as of late.

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