How does passkey usage in enterprises reduce costs?

Increasing passkey usage in enterprise environments significantly reduces helpdesk requests and strengthens security due to several inherent advantages over traditional authentication methods:

Enterprise organizations commonly experience high volumes of helpdesk requests related to password management. Passkeys eliminate common password-related issues, such as:

• Forgotten Passwords: Passkeys rely on biometrics or device-based authentication, removing the need for users to remember passwords.
• Password Reset Requests: Reducing reliance on passwords significantly cuts down the volume of password reset requests.
• Complex Password Policies: Passkeys remove user frustration with complicated password rules, reducing user confusion and associated helpdesk interactions.

As a result, organizations report substantial cost savings and operational efficiency improvements, freeing helpdesk teams to focus on higher-value support tasks.

Passkeys provide robust security improvements critical for enterprise environments:

• Phishing Resistance: Passkeys are built on WebAuthn standards, inherently preventing phishing attacks, as credentials cannot be stolen or reused by malicious actors.
• No Credential Leakage: Unlike passwords, passkeys aren't stored centrally in a vulnerable format, drastically reducing the risk of data breaches or credential theft.
• Improved Compliance: Passkey usage helps enterprises meet stringent regulatory requirements around user authentication and data protection, ensuring stronger compliance with standards such as GDPR, HIPAA, and SOC 2.

In summary, adopting passkey usage in enterprise environments directly translates to fewer helpdesk tickets, lower operational costs, and vastly improved security, protecting both users and organizational assets effectively.