The attack pattern is: 1) User goes to BAD website and signs up. 2) BAD website says “We’ve sent you an email, please enter the 6-digit code! The email will come from GOOD, as they are our sign-in partner.” 3) BAD’s bots start a “Sign in with email one-time code” flow on the GOOD website using the user’s email. 4) GOOD sends a one-time login code email to the user’s email address. 5) The user is very likely to trust…
The problems of Passkeys are more nuanced than just losing access when a device is lost (which actually doesn't need to happen depending on your setup). The biggest problem are attestations, which let services block users who use tools that give them more freedom. Passkeys, or more generally challenge-response protocols, could easily have been an amazing replacement for passwords and a win-win for everyone. Unfortuna…
I always reject attestation requests and I don't recall ever having been refused, so if this was a real problem it seems like I ought to have noticed by now.