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Studies across the board indicate that weak usernames and passwords are one of the top causes of data breaches, and I find that information to be unfortunate, because it is preventable. According to a recently concluded survey conducted by uSamp and sponsored by Siber Systems, creators of the RoboForm Password Manager: 70% reported forgetting a password, or had a password become compromised, in their professional life in the US.
The Research on Passwords Doesn’t Lie
The data from these studies indicates that there is no organization in any industry that is not vulnerable to a breach of data.
Know The Risks of Choosing Weak Passwords
Experts have warned for many years that there are risks associated with relying on weak usernames and passwords to restrict the access of data.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
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Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
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