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Passwords and app-based MFA add hidden costs through lost productivity, frequent resets, and risk of phishing and social engineering attacks. Token explains how wireless biometric, passwordless authentication eliminates credential-based attacks and delivers measurable financial returns by reducing login time across the enterprise. [...]

Hackers Bypass MFA to Steal Australians' Banking CredentialsMelbourne-based ANZ Bank will introduce passwordless authentication for digital banking services amid news that hackers have stolen the banking credentials of tens of thousands of Australians. Cybercriminals used infostealer malware to steal the credentials of more than 30,000 Australians.