How many passwords do you have? Do you have complex and hard to remember login details or do you fall into the category of easy to remember passwords?

I personally have one password for everything, however, its a password that not even my closest of friends would know. Nevertheless, according to this article I found on Digital Domain, passwords may be ancient technology already…

Password-based log-ons are susceptible to being compromised in any number of ways. Consider a single threat, that posed by phishers who trick us into clicking to a site designed to mimic a legitimate one in order to harvest our log-on information.

Once we’ve been suckered at one site and our password purloined, it can be tried at other sites. The solution urged by the experts is to abandon passwords — and to move to a fundamentally different model, one in which humans play little or no part in logging on. Instead, machines have a cryptographically encoded conversation to establish both parties’ authenticity, using digital keys that we, as users, have no need to see.

In short, we need a log-on system that relies on cryptography, not mnemonics.

Read More Here!