What You Need to Know About Security Keys and its Advantages (2024)

We’re living in a digital era where we’re continuously surrounded by several cyber threats that may have a severe impact on our personal and professional lives.

Whether we talk about the rising number of identity thefts or compromised sensitive information, individuals and organizations must quickly put their best foot forward to mitigate the risk.

However, adding stringent layers of security through diverse practices, including multi-factor authentication (MFA), has proven to be fruitful in minimizing the risks.

These security practices add an extra security layer other than passwords and ensure that the right person has access to the right information.

When it comes to robust security for a seamless authentication and authorization experience, security keys are considered one of the best ways to prove one’s identity.

This post reveals all the aspects associated with a physical security key and helps you understand its advantages.

What is a Security Key?

A security key is a physical USB drive that connects with your devices, including computers and laptops, to prove identity to access specific resources on a network.

These kinds of keys can be connected to devices via USB, Bluetooth connection, or a USB-C port and are super simple to use whenever you need to go through an additional identity verification process.

Just like the conventional OTPs and email verification, security keys can be used to authenticate a user whenever they wish to access specific resources or need to log in to their accounts on a website or an application.

Several organizations encourage their employees to leverage a security key whenever they’re working on sensitive data or logging from a remote location.

Advantages of Using a Security Key

Besides offering multi-factor authentication for seamless and secure access management and log-in, security keys offer a number of advantages. Here’s the list:

Easy of Access

One of the significant advantages of using a physical security key is the ease of access. Since a security key is compact and can be easily carried, they offer a frictionless authentication experience.

Users can carry them in their purses or wallet and can even attach the same with their keyrings. It’s a ready-to-use plug-and-play device.

Phishing-Proof

These keys need to be registered to a website, which helps them mitigate the chances of phishing that further helps to eliminate any possibility of a data breach.

Security key leverages FIDO’s U2F (Universal Second Factor) protocol that helps prevent users from accidentally falling victim to any phishing attacks. It only authenticates and authorizes users on the correct domain even if they mistakenly register the key on the wrong website.

Since the actual user carries the device, chances of misuse of any security token or even a one-time password (OTP) are negligible. Hence it’s pretty safe to rely on security keys.

One Key Serves Multiple Purposes

Another significant advantage of a physical security key is that it can be used for Single Sign-On (SSO), Multi-Factor Authentication (MFA), and sometimes even support FIDO authentication standards, including Universal Second Factor (U2F).

Many organizations utilize security keys and eventually encourage their employees to use them as they have to deal with sensitive information regarding business and clients. This information, if leaked, may lead to specific financial and reputation consequences for the organization.

The Disadvantage of Security Key

Besides the endless advantages of security keys regarding authentication and authorization, the major drawback is that these keys are costly.

Organizations and individuals find it more expensive to purchase and maintain a physical key than other software alternatives.

Sometimes the authentication process is slower, which eventually hampers user experience, and thus users incline towards other alternatives that can offer multi-factor authentication.

Final Thoughts

Security keys are shaping the future of security and are pretty helpful in certain situations. Users can ensure the highest level of protection through this physical plug and play security keys anywhere, anytime.

However, those that require excellent user experience coupled with robust security must consider relying on risk-based authentication (RBA) solutions designed to deliver exceptional user experience with stringent security mechanisms.

Written byVishal Sharma

Vishal Sharma - a writer by day and a reader by night, is working as a Sr. Content Writer at LoginRadius. With a demonstrated history of thriving business success through sustainable marketing tactics, he ensures high-quality & valuable content is distributed across diverse channels. When not writing, you can find him watching a movie or maybe, reading a book.

What You Need to Know About Security Keys and its Advantages (2024)

FAQs

What are the advantages of security keys? ›

A couple of advantages of using security keys are they use very strong encryption and require no cellular or Internet connection to work. They're using small very durable devices that can live on our keychain and are easy to use, once you've set them up on your computing device.

What are security keys and how do they work? ›

What is a Security Key? A security key is a physical USB drive that connects with your devices, including computers and laptops, to prove identity to access specific resources on a network.

What are the cons of security keys? ›

The cons of hardware security keys

It can also be a hindrance if you need to use an alternative internet device that doesn't have USB ports or support NFC. Some non-technical users may find getting them set up comes with a bit of a learning curve or requires some technical assistance.

What are key security? ›

A network security key typically consists of 8-12 characters, biometric data, or a digital signature, and it's a vital layer of cyber protection that ensures a secure connection between a network and any connected devices. Without a network security key, a private network is vulnerable to unauthorized access.

What should I look for in a security key? ›

A security key will support either USB-A, USB-C, or Lightning ports. Some security keys have Bluetooth and NFC for wireless security access. If you want a key that'll store passwords for you and make it easier to log in to apps, websites, and accounts, pick a security key with a built-in password manager.

What is the best security key? ›

What is the best security key? As testers of security keys over the years, we recommend the Yubico YubiKey 5 NFC as the best security key available on the market today. It offers unbeatable security and convenience, making it a worthwhile investment for anyone looking to safeguard their online accounts.

What are the examples of security keys? ›

Choose the right security keys

Some good examples include: YubiKey 5C NFC (works with most Mac and iPhone models) YubiKey 5Ci (works with most Mac and iPhone models) FEITIAN ePass K9 NFC USB-A (works with older Mac models and most iPhone models)

What services use security keys? ›

Registering your key for MFA
ServiceSupported devicesSupports alternative and/or backup MFA methods?
MicrosoftMicrosoft Account and WindowsYes
FacebookComputer, iPad, iPhone, Android, and Mobile BrowserYes
TwitterDesktop, iOS, and AndroidYes
InstagramInstagram app on Android and iPhoneYes
3 more rows

What is secret key in security? ›

In symmetric cryptography a secret key (or “private key”) is a piece of information or a framework that is used to decrypt and encrypt messages. Each party to a conversation that is intended to be private possesses a common secret key.

How safe are security keys? ›

Types of Hardware Security Keys (USB, NFC, Bluetooth®)

There are various types of hardware security keys, including USB, NFC, and Bluetooth®. These keys are highly secure and resistant to cyberattacks since they are not vulnerable to phishing or other types of social engineering attacks.

Is security key more secure? ›

Security keys are a more secure second step. If you have other second steps set up, use your security key to sign in whenever possible. If a security key doesn't work on your device or browser, you might see an option to sign in with a code or prompt instead.

What are the safest types of keys? ›

Safe keys come, broadly-speaking, in three types: Chubb-style keys (a long cylindrical stem with a 'beard' hanging from the end), side-cut keys (flat keys that look like Yale-style or, more often, small filing cabinet-type keys), and tubular keys (hollow cylinders with cuts around the edge).

What does a security key look like? ›

Network security keys are a combination of characters, for instance F23Gh6d40I. If your computer is already connected to your Wi-Fi and you cannot remember the security key and need to find it, you can also find it by going to the settings on your computer.

Is security key better than authenticator? ›

Privacy: Even if you lose your Hardware Security Key, it has no identifiable information about what it is used for or who it belongs to. In contrast, an authenticator app mentions the website name and some identifiable account information because the passcode needs to be manually read by a human.

What are the advantages and disadvantages of secret key and public key encryption? ›

The primary advantage of public-key cryptography is increased security: the private keys do not ever need to be transmitted or revealed to anyone. In a secret-key system, by contrast, there is always a chance that an enemy could discover the secret key while it is being transmitted.

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