Passwords are often forgotten, take time to reset and can be hacked, says Sam Rehman, SVP and Chief Information Security Officer at EPAM Systems. He sees the future of cybersecurity in passwordless and zero trust models, with frequent identity verification and strong authentication. However, he points out flaws, particularly the unverified use of phone biometrics. He proposes multi-factor authentication using a centralized database and a decentralized network for data storage, while ensuring a user-friendly experience.

ANZ businesses overestimate cyber readiness amid resilience gap – SecurityBrief Australia
Summarize this content to a maximum of 60 words: ANZ businesses overestimate cyber readiness amid resilience gap SecurityBrief Australia