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apatters | 3 years ago
About a third of Yahoo Japan's customer support requests where password inquiries -- the FIDO Alliance estimates the cost of a single password reset inquiry at $70.
It's hard to look at those numbers as a manager with bottom line responsibility and not want to go full password-less.
But as a startup your main interest should usually be growth, cost reduction is best addressed after you hit a critical mass.
It feels like the jury is still out on whether password-less converts better -- this article says it does, but doesn't go into depth. Anecdotally it seems to frustrate a lot of people (me included).
Password-less may be great, I just know that in enterprise the support cost savings are going to distort or render all other arguments moot. We have a long history of ideas that have come out of FAANG, worked well for them, and been cargo-culted into the rest of the world where they promptly turned out to be a bad choice.
adhesive_wombat|3 years ago
Not that I think that happened, but if it had to be any company that did that, they're a candidate.