Why Password Services Are Still Relevant, Even Though They’re Getting Hacked

By David Gewirtz

Passwords suck. They do. The idea that we’re hiding critical and confidential information behind two code words (a user name and a password) is fundamentally ludicrous. Maybe, in the 1960s, when passwords were first used to protect computer systems, they were workable security barriers. But today? They’re about as effective for security as using two paper cups connected by a string is for telecommunications.

And yet, we rely on passwords. Yes, some more mission-critical e...