Yahoo has announced that users of the Yahoo Mail app will not need to key in their passwords starting Thursday. Instead, they will be able to use the Yahoo Account Key which uses the smartphone to verify the identity of the user by just tapping Yes or No on their phone screens. If their phones are misplaced or stolen, users can use the alternative email account or telephone numbers to send an email or text message for the purpose of verification.
A Yahoo official blogged, Account Key is more secure than traditional passwords because it prohibits anyone from signing in to access an account without the verification that Account Key provides. Online security experts say, The approach (is) a step above a password but it still falls short of the golden standard of what`s known as two-factor authentication, which requires users to confirm their identify with two different pieces of information... (There are) doubts that most users will let passwords die easily and encouraged widespread adoption of password management tools until a new verification method replaces them for good. I think passwords are going to be around for a little while, I don`t think they`re going away as soon as we`d like them to. They`re so ingrained in everything we do from banking to email to shopping, you name it.