Goodbye Password, Hello Passkey: Game-Changing Evolutions in Getting Logged On with HYPR CEO Bojan Simic

SummaryIn this episode of the Cyber Insurance News Podcast, host Martin Hinton speaks with Bojan Simic, CEO of HYPR, about the evolution of cybersecurity, the challenges posed by traditional passwords, and the innovative solutions like passkeys that aim to enhance security. They discuss the implications of phishing-resistant authentication, the rise of deepfakes, and the significant role of human error in cybersecurity incidents. The conversation also explores the future of identity and security in an increasingly digital world, highlighting the need for robust security measures as technology continues to evolve.TakeawaysBojan Simic is a co-founder of a cybersecurity startup, HYPR.The traditional password system is fundamentally insecure.Passkeys are a new standard for secure authentication.Phishing attacks exploit human error and trust.Deepfakes pose a significant threat to cybersecurity.Human error is the leading cause of cybersecurity incidents.Security teams and help desks should have distinct roles.The future of security will involve advanced identity verification.AI can enhance both security and the sophistication of attacks.The evolution of technology requires a reevaluation of security measures.Chapters00:00 Introduction to Cybersecurity and HYPR02:02 The Password Problem06:06 Introducing Passkeys as a Solution13:43 Phishing-Resistant Authentication20:54 The Rise of Deepfakes24:30 Not MFA but MFV28:27 Human Error in Cybersecurity33:16 The Future of Cybersecurity and AI