Delinea’s whitepaper, The Future of Workplace Passwords, reveals that despite the rise of passwordless authentication, passwords remain vital in business security. Based on a survey of 300 U.S. IT and cybersecurity leaders, the report finds that 60% use Privileged Access Management, though over half still rely on spreadsheets. Compliance frameworks and insurance mandates drive password management adoption, while only 30% have started transitioning to passwordless systems. Biometrics and MFA are emerging as preferred solutions, but legacy technology, user mistrust, and complexity slow progress. The report concludes that automated PAM, MFA, and employee training remain essential for secure access management.

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