Biometrics were originally developed for identification, such as for criminal investigations. More recently, biometrics have been also utilized for authentication. Most biometric authentication systems today match a user's biometric reading against a stored reference template generated during enrollment. If the reading and the template are sufficiently close, the authentication is considered successful and the user is authorized to access protected resources. This binary matching approach has major inherent vulnerabilities. An alternative approach to biometric authentication proposes to use fuzzy extractors (also known as biometric cryptosystems), which derive cryptographic keys from noisy sources, such as biometrics. In theory, this approach is much more robust and can enable cryptographic authorization. Unfortunately, for many biometrics that provide high-quality identification, fuzzy extractors provide no security guarantees. This gap arises in part because of an objective mismatch. The quality of a biometric identification is typically measured using false match rate (FMR) versus false nonmatch rate (FNMR). As a result, biometrics have been extensively optimized for this metric. However, this metric says little about the suitability of a biometric for key derivation. In this article, we illustrate a metric that can be used to optimize biometrics for authentication. Using iris biometrics as an example, we explore possible directions for improving processing and representation according to this metric. Finally, we discuss why strong biometric authentication remains a challenging problem and propose some possible future directions for addressing these challenges.