Cybersecurity

The Industry Speaks, Part 1: World Password Day 2026

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The Industry Speaks, Part 1: World Password Day 2026

Industry experts discuss the limitations of passwords and the need for more secure authentication methods on World Password Day 2026. They suggest that passkeys and secure digital ownership models may be the future of online security.

Industry experts are rethinking password security on World Password Day 2026. Jeff Park, Country Manager ANZ at Seagate, emphasizes that secure storage is a foundational layer of trust in data security. Charles Guillemet, CTO at Ledger, notes that passwords are a relic of a less adversarial internet and that AI is lowering the cost of attacks. Guillemet suggests that asymmetric-cryptography-based authentication, such as passkeys, is a step forward, but ultimately, a paradigm shift to secure digital ownership is needed. Darren Guccione, CEO & Co-Founder of Keeper Security, highlights that credentials remain the most exploited entry points in enterprise breaches. Experts agree that passkeys are gaining momentum, with institutions like the UK's National Cyber Security Centre and US agencies promoting phishing-resistant authentication. Organisations must adapt to hybrid environments where passwords and passkeys coexist, enforcing least privilege and rotating credentials to change the risk profile.

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