Password authentication is a mess. Here's a system to replace it

Hackers are having a field day, and weak authentication is a major cause. The vast majority of cyberattacks -- some 80%, statistics show -- have their roots in compromised passwords that hackers get hold of. All it takes is one stolen password for hackers to wreak havoc; and according to experts, that single password breach can cost enterprise firms over $7 million. Many schemes have been tried to build up password security, including increased education and 2FA. But despite that, password compromise statistics remain stubbornly high, cybersecurity education programs, although widespread, don't seem to work, and 2FA has its own security issues.