The FIDO Alliance reports that passkey adoption has reached 2 billion accounts worldwide, marking a critical inflection point in the transition away from traditional passwords. Apple, Google, and Microsoft have all made passkeys the default sign-in method across their ecosystems.

Passkeys use public-key cryptography stored on users' devices, eliminating the vulnerabilities associated with passwords including phishing, credential stuffing, and database breaches. Users authenticate with biometrics or device PINs rather than remembering complex passwords.

Major websites and services including Amazon, eBay, PayPal, and Netflix have enabled passkey support, with many offering incentives for users to switch. Adoption rates accelerated after iOS 18 and Android 15 began prompting users to create passkeys during every sign-in.

The impact on credential-based attacks has been dramatic. Organizations that have fully implemented passkeys report a 90% reduction in account takeover incidents. Phishing attacks targeting passkey-protected accounts are essentially impossible with current technology.

Challenges remain in enterprise environments where legacy systems may not support passkey authentication, and in scenarios requiring shared account access. The FIDO Alliance is addressing these edge cases in upcoming specification updates.