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Passwords Are Losing, and the Numbers Finally Prove It

What the report found

The FIDO Alliance, the industry group behind the passwordless authentication standard, released its State of Passkeys 2026 report in May. The research covered 11,000 consumers and 1,400 enterprise decision-makers in ten countries. A few numbers stand out: passkeys now see a 93% sign-in success rate compared to 63% for passwords, and average sign-in time drops to 8.5 seconds, versus more than 30 seconds for password-based logins. Awareness has jumped to 90% of consumers, with about 5 billion passkeys now active worldwide.

The security case matters most. Passkeys are built to be phishing-resistant by design. There’s no shared secret to type into a fake login page, because the credential is cryptographically tied to the real site and your device. That’s a structural fix. It doesn’t rely on you catching a scam email, which is where most password-based breaches start.


Why adoption still lags

Even among organizations that have rolled out passkeys, the majority still keep passwords running in parallel as a fallback. A large share of individual users still don't use passkeys everywhere they're offered. The barrier now is habit. People default to what's familiar, even when the safer option is one tap away.


The practical takeaway

Most major platforms, including Google, Apple, Microsoft, and a growing list of banks and retailers, now offer passkeys as a login option, usually under account security settings labeled “passkey” or “sign in without a password.” Pick your two or three most important accounts, email first since it’s the recovery path to everything else, and set up a passkey where it’s offered. Don’t wait for a breach to force the decision.

Passkeys aren’t foolproof. Device loss and account recovery are still active areas of security research. But they close off phishing, the largest single cause of account compromise today.


Reference

FIDO Alliance, “The State of Passkeys 2026: Global Consumer and Workforce Report” (May 2026). https://fidoalliance.org/fido-alliance-reports-accelerating-global-passkey-adoption-on-world-passkey-day-2026/

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