Forgot your password? Most people do

New authentication methods enhance security and convenience in banking.

Passwords are as consequential to our everyday lives as car keys. If we want to go anywhere, we need them. And losing or forgetting them can derail an entire day.

Most people require only one car key. But as digital connections multiply to include everything from online banking to hotel rewards accounts, consumers are forced to manage and remember multiple passwords.

As a general rule, people don’t do a very good job at that. They create simple passwords that are easy to hack. They share them. They create lists of passwords and put them in easy-to-find places. They get frustrated and use the same two or three for every account. Basically, they do everything short of handing their digital keys to hackers.

 

continue reading »