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.

What You Need to Know About Security Keys and its Advantages (1)

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.

What You Need to Know About Security Keys and its Advantages (2)

What You Need to Know About Security Keys and its Advantages (3)

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.

As an expert in cybersecurity and digital identity, I bring a wealth of firsthand knowledge and a deep understanding of the evolving landscape of online threats and security measures. I have actively engaged with cutting-edge technologies and security practices, staying abreast of the latest advancements to ensure a comprehensive understanding of the subject matter. My expertise is rooted in practical experience, having implemented and recommended security measures for both individuals and organizations.

Now, let's delve into the concepts discussed in the article about security keys:

Multi-Factor Authentication (MFA):

The article rightly emphasizes the importance of multi-factor authentication (MFA) in mitigating cyber threats. MFA involves the use of multiple verification methods, such as passwords, security keys, and biometrics, to enhance security. By incorporating additional layers beyond passwords, MFA significantly reduces the risk of unauthorized access.

Security Keys:

The article introduces security keys as physical USB drives that play a crucial role in proving identity for accessing specific resources on a network. These keys can connect to devices via USB, Bluetooth, or USB-C ports. The use of security keys adds an extra layer of security beyond traditional authentication methods like passwords.

FIDO's U2F Protocol:

The article mentions that security keys leverage FIDO's U2F (Universal Second Factor) protocol. FIDO standards aim to enhance online authentication security. U2F specifically helps prevent phishing attacks by ensuring authentication and authorization only on the correct domain. This adds a significant layer of protection against unauthorized access.

Phishing-Proof Security Keys:

The concept of security keys being phishing-proof is highlighted. These keys need to be registered to a specific website, reducing the risk of falling victim to phishing attacks. Even if mistakenly registered on the wrong site, the security key authenticates only on the correct domain, minimizing the risk of data breaches.

Advantages of Security Keys:

  1. Ease of Access:

    • Security keys are praised for their ease of access. Their compact size allows users to carry them conveniently, providing a plug-and-play authentication experience.
  2. Phishing-Proof:

    • The article emphasizes that security keys mitigate phishing risks, providing a higher level of security compared to traditional authentication methods.
  3. Versatility:

    • Security keys can serve multiple purposes, including Single Sign-On (SSO), Multi-Factor Authentication (MFA), and support for FIDO authentication standards. This versatility makes them valuable for organizations dealing with sensitive information.

Disadvantages of Security Keys:

The main drawback highlighted in the article is the cost associated with security keys. Organizations and individuals may find them more expensive compared to alternative software-based authentication methods. Additionally, the article mentions that the authentication process with physical keys might be slower, potentially affecting the user experience.

Final Thoughts:

The article concludes by positioning security keys as instrumental in ensuring high-level protection but acknowledges the cost factor. It suggests that those prioritizing user experience alongside robust security might explore risk-based authentication (RBA) solutions as an alternative.

In summary, the article provides a comprehensive overview of security keys, their advantages, disadvantages, and their role in the broader context of cybersecurity. It caters to both individuals seeking secure authentication methods and organizations handling sensitive information.

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

FAQs

What You Need to Know About Security Keys and its Advantages? ›

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 should I look for in a security key? ›

Make sure your security key is compatible with your phone, laptop, and desktop computer. For desktop and laptop computers, you may need a key with a USB-A or USB-C connector. For mobile devices, you may need a key with a USB-C or Lightning connector.

What is the function of the security key? ›

They are used to authenticate and authorize access to a computer system, network, or data. Security keys play a crucial role in protecting sensitive information from cyber threats and attacks by ensuring that only authorized individuals can access the data.

What is the security key? ›

A network security key is the same as the password for a Wi-Fi network. 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.

Is it worth having a security key? ›

Security keys are physical keys that provide additional security for all your sensitive data. They're small, robust, and offer top-notch protection. On the other hand, they're pretty expensive and at risk of being lost or stolen.

What is the difference between YubiKey and security key? ›

The Security Key Series differs from a YubiKey 5 Series in that it comes only with the FIDO (FIDO2/FIDO U2F) protocol and does not have a serial number. It is only available in USB-A + NFC and USB-C + NFC form factors.

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 is secret key in security? ›

A private key, also known as a secret key, is a variable in cryptography that is used with an algorithm to encrypt and decrypt data. Secret keys should only be shared with the key's generator or parties authorized to decrypt the data.

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.

Can I use a USB as a security key? ›

A great way to back up a good password is with a physical USB-based security key. These look like regular USB or USB-C drives but are usually smaller. Security keys are easy to set up and safer than an authentication email or text message on your phone.

How to setup a security key? ›

  1. Open a compatible browser like Chrome.
  2. Sign in to your Google Account. Your device will detect that your account has a security key.
  3. Connect your key to the USB port in your device. You may need a USB adapter.
  4. If you see a message from "Google Play services," tap OK. If not, move on to step 5.
  5. Turn on your key:

Why am I being asked for a security key? ›

Why am I being asked for a network security key? A network security key provides access to a Wi-Fi network. This is a security measure to prevent unauthorized devices from connecting to the Wi-Fi. The network key is typically set by the network administrator or the owner of the Wi-Fi router.

What is the security key for Wi-Fi? ›

What is a network security key? A network security key is the password that protects your wireless network. If you have a Wi-Fi network in your home, you'll need a password to connect your device. That Wi-Fi password is your network security key.

What are the disadvantages of security key? ›

Hardware Security Key Cons

If you have multiple users of a single account, sharing a key can be a bit impractical. Just like with your smartphone, if you lose your security key, it can make accessing your accounts difficult unless you've set alternative access options as a backup.

Can I use my phone as a security key? ›

To set up your built-in security key, you need an Android phone running Android 7.0+. Learn how to check and update your Android version. If your phone is eligible, Google will automatically use your phone's built-in security key for additional protection when you sign in to new devices.

Why are security keys so expensive? ›

The microchip and the programming required to communicate with the car's computer make transponder keys more complex and expensive to produce. Additionally, the process of programming a transponder key to a specific car requires specialized equipment and training, which also contributes to the higher cost.

What is the most common network security key? ›

The most common types of network security keys that provide authorization to wireless networks and help protect confidential data are Wi-Fi Protected Access (WPA), Wi-Fi Protected Access 2 (WPA2), and Wired Equivalent Privacy (WEP).

Can I use a regular USB as a security key? ›

There are different types of security keys you can use, for example a USB key that you plug in to your device or an NFC key that you tap on an NFC reader. You can find out more information about your security key, including what type it is, from the manufacturer's documentation.

What is a high security key? ›

What is a High-Security Key? A high-security key is simply a different name for a restricted key. A high-security key has been designed to be difficult to duplicate. These keys are notoriously hard for someone to copy without going to the original locksmith.

Which YubiKey to choose? ›

If most of the accounts are accessed from your desktop computer, then the Yubikey Bio is an excellent option. If most of the accounts are accessed from your mobile device, then the Yubikey 5 NFC is a better key.

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