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Intel Tuesday announced a chip technology that the company said was designed to foil hackers who use fake emails to trick employees into revealing their usernames and passwords.

It could also give future corporate IT managers the option of eliminating long, ever-changing passwords and replacing them with short personal identification numbers, or fingerprints and other identifiers.

Intel Authenticate will be added to the company's line of sixth-generation processors and tested by some businesses before entering production, said Tom Garrison, an Intel vice president.

Intel will make Authenticate part of all the processors that it sells for enterprise PCs. The authentication system uses hardware-based "multifactor authentication"-more than one method of identifying a user-to keep hackers out, even if they obtain passwords.