PayPal's chief information security officer says passwords' days are numbered

Recently speaking at the Interop IT conference, PayPal's chief information security officer, Michael Barrett, stated that passwords and PINs were operating on borrowed time. Barrett hopes to replace online security keys with a setup that's a blend of software and hardware-based identification. He also serves as president of the Fast Identity Online Alliance (FIDO) -- the organization's focus is to combine an effective mix of software (passwords and plugins) and hardware (USB drives and fingerpri...