{"id":5283,"date":"2021-03-30T13:54:41","date_gmt":"2021-03-30T17:54:41","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=5283"},"modified":"2021-03-30T13:54:41","modified_gmt":"2021-03-30T17:54:41","slug":"transmit-security-study-discovers-ciam-challenges-in-password-authentication","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/","title":{"rendered":"Transmit Security Study Discovers CIAM Challenges in Password Authentication"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-4581\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod.jpg\" alt=\"Transmit Security Study Discovers CIAM Challenges in Password Authentication\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod.jpg 800w, https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Transmit Security today released \u201c<\/span><a href=\"https:\/\/www.transmitsecurity.com\/wp-content\/uploads\/transmit-security-passwordless-report-the-impact-of-passwords-on-your-business.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">The Impact of Passwords on Your Business<\/span><\/a><span style=\"font-weight: 400\">,\u201d a study examining customer identity and access management (CIAM) challenges in password authentication. The company surveyed 600 U.S. consumers to gain insight into the customer experience surrounding logins and password authentication during the shopping process.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Transmit Security positions itself as an authentication solution provider dedicated to eliminating passwords. Additionally, it frames itself in the context of CIAM, focusing on simplifying and improving the customer experience.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><div class=\"box box3\">ALERT: Cyber threats don&#8217;t rest, even during global pandemics. You can learn more with the Solutions Review <a href=\"https:\/\/solutionsreview.com\/identity-management\/get-a-free-identity-and-access-management-software-solutions-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\">Identity Management Buyer&#8217;s Guide<\/a> and our other resources.<\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">According to the \u201cImpact of Passwords on Your Business\u201d study, 55 percent of consumers stopped using a website because of the login process and the frustrations therein. Additionally,\u00a0 error-ridden CIAM password authentication processes lock over 87 percent of customers out of their online accounts. Adding to the anxiety around these challenges, 92 percent of customers would rather abandon their carts or accounts outright rather than go through password recovery.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">At the same time, the perils of password sharing continue. Over half of consumers admit to sharing at least one password with another person, and 41 percent share multiple passwords.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Transmit Security CEO and Co-Founder Mickey Boodaei shared some thoughts on the results of the study. \u201cThe number of consumers getting blocked from their online accounts because of poor password experiences is staggering. Customers are dropping out of transaction processes &#8212; or failing to use a site at all &#8212; due to overly complicated, and oftentimes error-ridden password systems.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">\u201cThese horrible customer experiences are costing businesses an unimaginable amount of money, not to mention the revenue that\u2019s lost due to password sharing between consumers. The market is ready for change. It\u2019s time to eliminate our dependency on outdated password technology and evolve to a place where passwords are no longer necessary.\u201d\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Learn more about <\/span><a href=\"https:\/\/www.transmitsecurity.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Transmit Security<\/span><\/a><span style=\"font-weight: 400\"> here.\u00a0<\/span><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"iam-inject\" href=\"https:\/\/suggestionengine.solutionsreview.com\/buyer\/signup\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2021\/02\/Identity_Suggestion_Engine_Horiz_800.gif\" alt=\"IAM Solution Suggestion Engine\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Transmit Security today released \u201cThe Impact of Passwords on Your Business,\u201d a study examining customer identity and access management (CIAM) challenges in password authentication. The company surveyed 600 U.S. consumers to gain insight into the customer experience surrounding logins and password authentication during the shopping process.\u00a0 Transmit Security positions itself as an authentication solution provider [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":4581,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6,1],"tags":[142,125,153,16,1204,76,425,91,1158],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Transmit Security Study: CIAM Challenges in Password Authentication<\/title>\n<meta name=\"description\" content=\"Transmit Security today released \u201cThe Impact of Passwords on Your Business,\u201d a study examining CIAM challenges in password authentication.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/\",\"name\":\"Transmit Security Study: CIAM Challenges in Password Authentication\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod.jpg\",\"datePublished\":\"2021-03-30T17:54:41+00:00\",\"dateModified\":\"2021-03-30T17:54:41+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#\/schema\/person\/357f925262827fcf840b4341920a1541\"},\"description\":\"Transmit Security today released \u201cThe Impact of Passwords on Your Business,\u201d a study examining CIAM challenges in password authentication.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/09\/Hacker-New-Image-Mod.jpg\",\"width\":800,\"height\":400,\"caption\":\"CVS Database Containing Over 1 Billion Records Exposed\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/transmit-security-study-discovers-ciam-challenges-in-password-authentication\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/identity-management\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transmit Security Study Discovers CIAM Challenges in Password Authentication\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/\",\"name\":\"Best Identity Access Management (IAM) Software, Tools, Vendors, Solutions, &amp; 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