Password Managers and the Future of Secure Passkey Transfers

Understanding the New Password Manager Specifications

The FIDO Alliance, the organization helping to advance passkey adoption, has introduced a draft of new specifications that will allow users to securely transfer their passkeys across different password managers. The new protocols, known as the Credential Exchange Protocol (CXP) and Credential Exchange Format (CXF), aim to standardize the transfer process for passkeys.

Collaboration Among Industry Giants

The FIDO Alliance's Credential Provider Special Interest Group includes key players like 1Password, Apple, Bitwarden, Google, Microsoft, and Okta. Their collaboration is crucial as it fills a significant gap in standard protocols for data transfer.

Importance of Secure Credential Movement

• The lack of secure protocols has led to burdensome processes for users.
• Until now, credential transfer often occurred without secure measures.
• The new specifications aim to empower users with choice and security.

Already, companies such as 1Password and Dashlane have pledged support for these upcoming protocols. This adoption is essential for users wishing to manage credentials flexibly. Moreover, Amazon's announcement that over 175 million customers have embraced passkeys highlights the growing trend and necessity of secure credential management in the tech landscape.