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World Password Day 2025: Why It’s Time to Say Goodbye to Passwords

Manish Agarwal, Chief Information Officer, M.H. Enterprises L.L.C
Manish Agarwal, Chief Information Officer, M.H. Enterprises L.L.C

“Beyond Passwords: Securing the Future with Trust, Simplicity, and Innovation.” As the digital world evolves, so must our defenses—passwordless authentication is not just a trend, but a transformation toward a safer, smarter, and more seamless future.

Introduction

As a CIO who has witnessed first-hand the shifting landscape of cybersecurity across the UAE and beyond, I believe World Password Day 2025 comes with a timely message: it’s time we let go of passwords. Despite their long reign as the gatekeepers of our digital lives, traditional passwords are now more of a liability than a line of defense. Repeated data breaches, mounting user frustration, and rising IT support costs have made it clear—we need a better way.

The Password Problem: Too Many, Too Weak, Too Risky

Let’s call it what it is: password fatigue. On average, users juggle between 70 to 80 passwords. Unsurprisingly, 78% admit to reusing passwords, while 13% use the same password for everything. These habits create a playground for cybercriminals. At an enterprise level, this isn’t just a security risk—it’s a productivity killer. We see 47% of consumers abandoning transactions due to password issues, directly affecting business outcomes. Worse still, over one-third of users have faced account breaches tied to weak or stolen credentials.

The Rise of Passwordless Authentication

The answer isn’t stronger passwords—it’s no passwords at all. Technologies like biometrics (face/fingerprint recognition), passkeys, and hardware tokens are not only more secure but also significantly improve user experience. In our own implementations, we’ve seen password reset requests—and their associated IT costs—drop sharply. Authentication is faster, smoother, and far more secure. When Microsoft made passkeys the default for new accounts, they reported a 98% success rate in login attempts, compared to just 32% for traditional passwords. That’s not just a technical improvement—it’s a business case.

Global Momentum: The Market Is Catching Up

The market is responding in kind. The passwordless authentication sector is expected to grow from $22.15 billion in 2025 to $82.50 billion by 2034, a staggering CAGR of nearly 16%. Over 15 billion accounts globally already support passkeys, double from the previous year. Organizations are taking note. According to industry reports, over 60% of companies plan to go passwordless this year—a shift that signals a broader rethink of enterprise security and user access.

Manish Agarwal, Chief Information Officer, M.H. Enterprises L.L.C

“Passwordless security isn’t about removing something—it’s about unlocking a future where trust and technology work hand in hand.” – Manish Agarwal, Chief Information Officer, M.H. Enterprises L.L.C

Dubai and the UAE: Leading the Change

As someone based in Dubai, I’ve seen how the UAE is moving ahead decisively on this front. The government’s digital transformation agenda prioritizes secure, frictionless authentication, with biometrics becoming increasingly mainstream across public and private sectors. We’ve seen firsthand how embracing these technologies doesn’t just reduce cyber risk—it builds user trust. In fact, 48% of consumers say they’re more likely to trust a brand that offers passwordless login options. In a competitive business landscape, that kind of trust translates directly into loyalty and revenue.

A Cultural Shift in Cybersecurity

Going passwordless isn’t just a tech upgrade—it represents a cultural shift in how we approach security. It’s about moving from reactive defense to proactive design. From burdening users with complexity to empowering them with simplicity. And most importantly, it’s about aligning security with usability—a long-overdue pairing.

Conclusion: The Future is Passwordless

World Password Day 2025 shouldn’t just be a moment of awareness—it should be a milestone in transition. Passwords had their place in history. But today, as CIOs and digital leaders, our focus must be on designing secure systems that people actually want to use. Passwordless authentication isn’t the future—it’s the present. And for those ready to embrace it, the rewards are clear: tighter security, happier users, and resilient digital ecosystems.

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