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Friday, September 14 • 10:00am - 10:25am
PRO TALK: Navigating Passwordless Authentication with FIDO2 and WebAuthn

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With an estimated 90 percent of remote hacking focused on cryptocurrency theft, cryptocurrency assets must be protected with the highest levels of assurance. For decades, the password has been the global standard of authentication, but it’s a common understanding that the password experience is frustrating, not secure, and difficult to effectively maintain. Furthermore, SMS and authentication apps have been shown to be vulnerable to advanced phishing and man-in-the-middle attacks. From every angle it’s clear that securing end user account access is an age-old pain point, but now, there is an open authentication standard that can finally solve this problem for cryptocurrency companies at scale: FIDO2 and WebAuthn. Join this session to learn about this new standard and how organizations, from cryptocurrency, technology, to consumer focused, can protect their end users with strong hardware based authentication. Based on public key cryptography, FIDO2 upholds security and privacy tenets similar to blockchain by moving authentication away from a centralized point of control (passwords stored on servers). FIDO2 provides strong user authentication as a first factor, eliminating the need for cumbersome passwords. If necessary or desired, FIDO2 can also be conveniently paired with PINs, biometrics, or gestures as additional authentication factors. As a core creator of the FIDO2 standard, Yubico’s session will primarily focus on education and guidance for the larger blockchain community. Attendees can expect to review the technical specifications of the FIDO2 Web Authentication API (WebAuthn) and Client to Authenticator Protocol (CTAP); explore implementation guides, reference code and SDKs; and discuss industry-wide use cases, particularly within the cryptocurrency markets.

avatar for Jerrod Chong

Jerrod Chong

SVP of Product, Yubico
Jerrod Chong is Senior Vice President of Product at Yubico where he focuses on improving and enhancing product development initiatives to align with customer and market demands. Jerrod has also delivered numerous presentations on modern authentication and open standards for leading... Read More →

Friday September 14, 2018 10:00am - 10:25am
Workshop Room 3

Attendees (5)