Passwords are Dead – Jeff Yastine

Not many people can say that they have spoken to Warren Buffet about investing strategies. Even fewer individuals can brag with an Emmy nomination related to their financial writing. Jeff Yastine, on the other hand, falls within both groups. This editor of the Total Wealth Insider has been in the stock market for over 20 years now. He has seen things like the economic crisis of 2008 and Deepwater Horizon oil spill in 2010, but also some better times that made him a successful investor.

Nowadays, Yastine is a valuable part of the Banyan Hill where many people similar to him write. He has been with the brand for two years and published some of the best articles found on the platform. Often, his writing focuses on real-time events that include some type of innovation or technology. There is no better way to analyze this but to analyze one of his clear-cut works.

As many technology leaders in the industry are starting to realize, conventional passwords might be approaching their end. The birth of things like the Touch ID or visual recognition is now making it possible to get that movie-level security. The basics of this are very obvious, one simply has to scan their eye or thumb in order to be allowed in the confidential app. Since people like efficiency and speed, making it possible to skip long passwords with many requirements and constant updates is a very needed upgrade.

Besides the obvious modernization that comes with this transition, security is the number one reason for the invention. Hacking a multi-point system that might ask for something such as an eye-recognition or thumbprint will be nearly impossible. This is why there are many banks who have already started offering this service to their large corporate clients. Yastine further agrees that there is a real chance of this service growing into a multi-billion market very soon.

Another way to improve security that Yastine discloses includes less tangible elements. This way is related to one’s traits such as typing speed, patterns of typing, and similar. For example, everyone has their certain way of entering data that can be one of the main factors towards identifying them.

Even if Yastine overreaches with his claims, he has been known to predict trends in the past. He has also been around this industry so much that he might have enough experience to make some of the best decision! Visit:https://www.linkedin.com/in/jeffyastine

 

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