Consumers have a proper understanding of adequate password security and the activities required to minimise risk, according to a report by LogMeIn, yet they still pick and choose re-used information.
Despite the fact that 92% of people are aware that using the same password or its variation across several accounts is risky, 65% still do so, significantly raising the risks to their sensitive information, according to a report.
Consumers have a proper understanding of adequate password security and the activities required to minimise risk, according to a report by LogMeIn, yet they still pick and choose re-used information.
LogMeIn said in a statement, “Strong cybersecurity habits are more important than ever this year, given the sheer volume of time individuals have spent online in the last 18 months and the corresponding spike in cyber-attacks,”
It added, “Yet the survey revealed that despite 71 per cent of people working wholly or partly remote and 70 per cent spending more time online for personal entertainment during the pandemic, people were still exhibiting poor password behaviour,”
According to the 2021 Data Breach Investigations Report, the majority of data breaches — 85 percent — featured a human element through phishing or human error, and the necessity for password security remains crucial as attacks escalate.
According to the survey, when working remotely, 47% of respondents did not change their online security habits in the previous year, and 44% admitted to sharing critical information and passwords for professional accounts.
As a result, over half of employees use risky passwords while working remotely, prompting IT admins to reconsider security strategies in a hybrid workplace.
According to the poll, which included over 3,500 working professionals from throughout the world, including India, 68% of respondents would set stronger passwords for financial accounts, but only 32% would do so for work-related accounts.