Now that digitalization has become ubiquitous and remote work is here to stay, organizations worldwide are grappling with the challenges a dispersed workforce can bring. Chief among these concerns is the issue of cybersecurity.

The current landscape of data security is a cause of unease for businesses, with a staggering 74% of all data breaches now including an element of human error and costing an average of $4.5 million globally. Despite the widespread adoption of digital practices, basic password hygiene is still not up to scratch, and it is clear the workplace is not equipped to keep remote environments secure.

Dispersed workforces, coupled with the rapid digitization of business operations, demands a strategic rethink from business leaders on their approach. For remote collaboration between employees to remain safe, a more reliable authentication method that eschews traditional passwords to verify users is needed. It's a big reason why experts predict that by 2025, over half of the workforce, and more than 20% of customer authentication transactions, will be passwordless – a notable escalation from the current rate of less than one in 10.

But what exactly is it about passwordless systems that provides that extra layer of protection, and what considerations do business leaders looking to adopt such an approach for their organization need to consider?