Kuala lumpur: FIDO Alliance announced global passkey usage has reached an estimated five billion, reflecting accelerating adoption of passwordless sign-in technologies ahead of Authenticate APAC 2026 in Singapore on June 2 and 3.

According to BERNAMA News Agency, the alliance said findings from its State of Passkeys 2026 report showed strong awareness and deployment momentum in Singapore across both consumers and enterprises, based on research involving 1,000 consumers and 100 enterprise decision-makers.

FIDO Alliance Executive Director and Chief Executive Officer, Andrew Shikiar said Singapore's strong digital infrastructure positions it to further expand adoption of phishing-resistant authentication technologies.

The report indicates that 80 per cent of consumers in Singapore are aware of passkeys, while 65 per cent have enabled passkeys on at least one account and 38 per cent use them regularly when available.

Among enterprises, 65 per cent of organisations in Singapore have deployed or are actively deploying passkeys for employee sign-ins, while 30 per cent reported achieving fully passwordless workforce authentication.

The report highlighted that password-based authentication continues to pose security and operational risks despite rising passkey adoption.

About 14 per cent of consumers in Singapore experienced account compromise or breach notifications in the past year, although this figure remains below the global average of 33 per cent and the Asia-Pacific average of 41 per cent.

The study also revealed that 25 per cent of Singapore consumers are likely to abandon a purchase or sign-in attempt if they cannot remember their passwords, compared with 47 per cent globally and 51 per cent across the Asia-Pacific region.

The alliance noted that organisations deploying passkeys reported benefits including improved security confidence, reduced password reset requests, faster employee logins, and fewer phishing-related incidents.

Authenticate APAC 2026 is expected to bring together industry stakeholders to discuss challenges and opportunities surrounding the transition from passwords to passkeys and phishing-resistant authentication systems.