• WhatAmLemmy@lemmy.world
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    5 hours ago

    Passkeys are about saving money for the companies on password reset server time.

    Lol, no. They don’t care about the extra 0.001% expense. Passkeys are mainly to protect the average user from their own stupidity. Grandma is far more likely to use the same shit password across many sites. Most average users are.

    • hansolo@lemmy.today
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      2 hours ago

      They do care, because it adds up at scale.

      Google, MS, and Meta each have millions of accounts they manage. Billions for Meta. Their the ones pushing this.

      The average user needs 2 resets a year at the enterprise level. Let’s say that the Meta self-service system uses $0.01 in total costs to process one request. For Meta alone, that’s $20 million a year, not even taking into account all the shitty “fraud prevention” stuff they have to go.

      So if you can change your system to make the grandma that’s driving up the average have to use a passkey, it saves Meta money - AND gives someone managing the passkey more granular data access. It doesn’t help Grandma out at all, all things considered.

      https://www.bleepingcomputer.com/news/security/the-true-and-surprising-cost-of-forgotten-passwords/

    • killwill@feddit.nl
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      4 hours ago

      Yeah this guy is grossly overestimating the intelligence of businesses when it comes to software. I’ve seen a major company spending 20000+ a month on aws for servers they never used. And that was just for a single site, I can only imagine what’s going on in other branches of the company.