this post was submitted on 16 Oct 2024
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They do in fact solve this problem. Passkeys are something you have, and are secured by something you know, or something you are.
They also solve an age-old problem with passwords, which is that regardless of how complex your password is, it can be compromised in a breach. Because you have no say in how a company stores your password. And if that company doesn’t offer 2FA or only offers sms or email verification, then you’re even more at risk. This problem doesn’t exist with passkeys.
Edit: lol
Sure, and then that one password is compromised. Password managers make it trivial to use unique passwords for every service, so if a service is breached, you're basically as screwed with passwords as passkeys.
The switching cost here is high, and the security benefits are marginal in practice IMO. I'm not against passkeys, but it should be something password managers handle, and I don't have a strong preference between TOTP baked into your PW manager and passkeys.
Which means that entire service you used that password to login to is compromised. If you were using passkeys however, you would have nothing compromised.
No… with a passkey you would be not screwed at all. You’d be entirely unaffected.
I mean in your own example that’s a reduction of 100%. That’s kind of a huge difference.