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Passkeys Stop Phishing Attacks🎣 Transcript, AI Summary & Key Points

IBM Technology · Jul 31, 2026 · Education · 01:16 · EN

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AI Summary

Phishing was the leading cause of data breaches in both frequency and cost. Extensive use of AI and automation saved organizations an average of $2 million per breach and reduced recovery time by 65 days. Passkeys, a ten-year-old technology, are presented as an essentially phishing-resistant solution when implemented well, although no security solution is complete.

Key Points

  • Organizations with extensive use of AI and automation saved an average of $2 million on a data breach.
  • AI and automation reduced data-breach recovery time by 65 days.
  • Phishing was the number one cause of data breaches in both cost and frequency.
  • Phishing had also been the leading cause in the prior year or years, indicating insufficient progress.
  • Passkeys are described as an essentially phishing-resistant solution when implemented well.
  • Passkeys are a ten-year-old technology that organizations are using internally and increasingly deploying for retail customers.
  • No security issue has a complete solution, but passkeys are presented as close to a complete solution for phishing.
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Transcript

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00:00 There is some good news in the report. For instance, organizations that had an extensive use of AI and automation saved $2 million on average on a data breach. They also saved 65 days in terms of how long it took for them to recover. So we have a general idea of what makes a difference. And if you go back and dig into the details a little more. The number one, cause of a data breach, both in terms of cost and in terms of frequency, was phishing.

00:32 Now, that's the bad news is it was phishing last year. And I think it was phishing the year before. So, you know, we're we're not making the progress we should. But here if you want the good news, we know how to solve this phishing problem. For the most part, I mean, there's never a complete solution to any security issue, but as complete a solution as there could be.

00:53 It's called Ppasskeys, and it's a ten year old technology. And we've been selling it. We're using it internally. It's out there. I'm starting to see more and more even retail, customers starting to use this and deploy it. And it's a passkey implementation that's done well is essentially phishing resistant.