Why passwords are failing — and what enterprises are doing next

ESG surveyed 377 IT and security leaders. Here’s what they revealed about authentication gaps, risks, and adoption trends.

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Passwordless in the enterprise ebook cover
Bar graph - percentage of workforce identities believed to be insufficiently secured

Why it matters

Traditional passwords and weak MFA aren’t holding up.​

  • 43% of workforce identities remain insecure​
  • 76% of breached organizations experienced multiple compromises in just 12 months

The fallout: lost revenue, customer churn, compliance fines, and even leadership turnover.

What you'll learn

  • Why phishable MFA (SMS, email codes) leaves enterprises exposed​
  • How two-thirds of organizations have already begun their passwordless journey​
  • Why 82% are increasing spend on stronger authentication​
  • Business benefits: reduced IT overhead, fewer resets, stronger compliance, and improved customer retention

Read the research

Graph - Priority level for using passwordless workforce authentication methods