Think about the passwords you have for your social media accounts, streaming sites, banking portals, and other work-related platforms. Sometimes the largest breaches come down to the smallest details-including the seemingly insignificant Gmail, Drive, and Facebook logins. Verizon also reported that 60% of those breaches were launched on smaller businesses due to the likelihood of smaller IT budgets, less equipped security teams, and weaker cyber defenses.
Verizon’s 2018 Global Data Breach report reveals that 17 % of breaches in 2017 happened due to “unpatched systems, unprotected confidential data, misconfigured we servers”-also know as human error.
The Hackable AgeĪs the recent Facebook hacks have proven, even the largest corporations struggle to keep their networks secure, especially when they don’t stay on top of their own security protocols.Īccording to Chief Security Officer magazine, cybercrime damages are expected to hit the $6 trillion mark by 2021, up from the $3.5 trillion recorded in 2015. The critical question of, “How strong is my password” may never occur to them with each new login. We believe that the lion’s share of this behavior is because of a fundamental lack of understanding-many users do not understand what is at stake for them personally and for the ones they love. 59% admit to being willing to share their passwords with others.34% reuse passwords across multiple accounts.37% still track their passwords the old-fashioned way (pen and paper).34% are most concerned with the ease of remembering their passwords.In fact, according to McAfee, research shows that, while 46% of polled respondents say that their main concern is security strength…
Some of this is caused by negligence other of it is due to laziness. One would hope that the days of “abc123” and “pa$$word” passwords are of the past.īut while the majority of users don’t fall under such blatant disregard for personal security, there is still a large percentage of people who don’t do their due diligence in creating and maintaining strong passwords.
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