In a tell-tale sign that passwords had had their day in the sun, PayPal CISO Michael Barrett took the stage at Interpo today to spell doom for existing verification methods, predicting that more robust authentication protocols based on an open standard will replace passwords. While two-step verification can bolster account security - Apple recently enabled it for Apple ID accounts - PayPal alludes that secure authentication technologies said to make their way into Apple's next iPhone may announce the impending end of passwords...
PayPal hopes the next iPhone will obsolete passwords, once and for all