Let’s be honest about something. We know that managing passwords is a source of frustration for almost everyone because they are hard to remember, a hassle to manage, and a genuine security risk. It's time to move on from the stress of forgotten codes and embrace a method that actually fits into your life.
Why passwords are a problem
We all do it. We reuse the same password across multiple sites to make them easier to remember. While this is convenient, this common habit has a high cost. According to Verizon's Data Breach Investigations Report (2025), a leading percentage of hacking-related breaches involve credentials like stolen, weak, or reused passwords.1
When one site gets breached, hackers use those exposed passwords to try and unlock every other account you own. It's not just about data breaches, either. The second major risk is phishing. A convincing email or text can trick you into entering your password on a fake website. The site might look identical to the real one, but the moment you log in, your credentials have been exposed.
How passkeys change the game
It's time for an evolution. A passkey is a safer and easier alternative to a password. Instead of typing a string of characters, you sign in using the same simple methods you use to unlock your device every day. This could be your fingerprint, a face scan, or your device’s PIN.
This technology moves the burden of security away from the fallibility of human memory and onto the powerful, built-in security of the device you hold in your hand. Passkeys are a standardized innovation supported by virtually every modern device and browser from Apple, Google, and Microsoft.
Three major benefits of switching
The shift to passkeys enhances both your security and your daily convenience.
1. Phishing-resistant by design
A passkey is directly linked to our real application. This means it simply will not work on a fraudulent or imposter site, so you can't be tricked into giving away your credentials. The "secret" part of your passkey never leaves your personal device, so there is no shared secret stored on a server for anyone to steal.
2. Unique to Facet
The passkey you set up is unique to Facet. It can't be reused across other sites or accidentally copied during a compromise.
3. Effortless and fast
The user experience is dramatically improved. There are no more complex password rules to follow and nothing to remember or type. The result is a faster and more reliable login.
Two paths to better security
We are thrilled to celebrate the widespread adoption of passkeys and want to offer you two powerful ways to secure your Facet account. We encourage you to choose the upgrade that works best for you.
Option 1: The modern upgrade (Passkeys)
As we just explored, a passkey is the new standard. It's the simplest and most phishing-resistant way to log into your Facet account.
Option 2: The powerful essential (Multi-Factor Authentication)
If your password is the first lock on your account, think of Multi-Factor Authentication (MFA) as a second, separate lock that requires a different key, which is usually your phone. According to research from Microsoft, simply enabling MFA makes your account more than 99% less likely to be accessed by someone else.2
The Facet difference: Seamless security
At Facet, we believe managing your finances should be seamless and secure. Protecting your financial future is a partnership. Whether you choose the modern convenience of a passkey or the powerful, layered security of MFA, you are taking the single most effective step to secure your account.
We aren't just improving security. We're upgrading your entire experience to be faster, simpler, and safer than ever before. This upgrade takes less than 60 seconds. You can log in to your Facet portal, visit your Security Settings, and enable the option that works best for you today.
Sources:
1 Verizon. "Data Breach Investigations Report." (2025)
2 CISA. "Multifactor Authentication." (2020)
