2026 FIDO Report: Passkeys at Global Scale

World Password Day, celebrated annually on the first Thursday of May since 2013, aims to raise awareness about digital hygiene and encourage password security audits. Despite growing consumer awareness, passwords remain a significant security vulnerability, with a third of consumers reporting account compromises in the past year. The FIDO Alliance promotes World Passkey Day, highlighting the adoption of passkeys as a more secure alternative. Their 2026 report shows that consumer awareness of passkeys has reached 90%, with 75% enabling them on at least some accounts, while 68% of organizations are implementing passkeys for employee authentication. The transition to passkeys is driven by the need for enhanced security, faster logins, and reduced support costs, with early adopters reporting improved security postures and employee satisfaction. However, barriers such as legacy system compatibility and budget constraints persist. The report suggests that organizations can overcome these obstacles by integrating passkeys with existing infrastructures, as demonstrated by companies like Descope, which offer simplified implementation solutions.