A new Ponemon Institute report (sponsored by Keeper Security Inc.) has revealed some SHOCKING password-related missteps. The report can be read here, but I've included some of the juicier tidbits below for convenience.
For starters, Ponemon canvassed 1000 individuals from a wide variety of business types, so don't think they're picking on anyone organization or industry in general. There are boneheads across the board in multiple verticals.
The Key Takeaways:
Insecure Password Storage
The report first looks at how employees are saving their passwords.
- When asked how respondents save their work-related passwords, 57% (570 people) said they wrote them on "sticky notes" near their workstation. 382 of those people said at various times they'd lost those "sticky notes."
- Even with Identity and Access Management tools, 49% of respondents said they saved their work-related passwords in an unprotected document in the cloud. 51% said they saved their passwords in a document saved directly on their computer.
Weak and Easily Guessed Passwords
We've used this blog before to talk a bit about what makes a password secure and you can read about that here. The report showed that even with very well-established and easy-to-follow guidelines for password security, people are still cutting corners.
- 37% of respondents use the businesses they work for's name in their work-related password.
- 34% use their significant other's name or birthday as a password.
- 31% use their child's name or birthday as their password.
Password sharing, in any form, can lead to some pretty massive problems. I suggest you read this article on the Principle of Least Privilege to familiarize yourself as to why. That said, the report noted people are still sharing that information with unauthorized individuals.
- 14% of respondents shared their work-related passwords with their significant other.
- 11% have shared their work-related password with another family member.
It's Not Just the Employees Making Mistakes
If you think it's just the workforce making these mistakes, you're wrong. People higher up the food chain are not only making the same mistakes but allowing others to make them willingly.
- 46% of respondents said their company shares passwords for accounts that are used by multiple people.
- 34% have shar3d work-related passwords with colleagues on the same team.
- 32% have shared work-related passwords with their managers.
- 19% have shared their passwords with their executive team.
- 62% have shared work-related passwords over text message or email with a coworker
- 32% admit to accessing an online account belonging to a previous employer, which means after an employee leaves a company, no one is making sure "zombie" accounts get shut down.
Like our blog? Subscribe using the CTA in the upper right-hand corner of this page. Feel like sharing your thoughts with us? Use the comment section below.