Password management can be as stressful as planning for retirement, reveals new research by NordPass. More than 30% of people think that resetting and coping with passwords is hugely stressful, and can be compared to the stress of ceasing to work.
However, losing a vital password without a password reset option is far more stressful. 68% of the respondents agreed that it’s as stressful as dismissal from work or changing jobs.
Data breach and identity theft were deemed even more stressful. 77% of respondents compared data breach to personal injury, illness, and financial problems. 81% compared identity theft to having personal documents stolen or losing a wallet.
Too many passwords
Why is password management so difficult? 67% of the survey respondents say that it’s because they simply have too many accounts to manage. 44% can’t remember which password is for which account, and 41% can’t remember because they use unique ones for every account.
“It is not surprising that people struggle with effective password hygiene. Our study revealed that 7 out of 10 respondents have more than 10 password-protected accounts for personal use. 2 out of 10 have more than 50 such accounts. On top of that, add all work and school-related accounts, and it ends up being a huge amount of information,” says Chad Hammond, security expert at NordPass.
Not all accounts are the same
NordPass research also confirmed that people view some accounts as more important than others. For example, 85% of people think it would be very harmful if their bank accounts get hacked. 76% agree that having their personal email hacked would be extremely damaging, and 72% feel that way about large online store (such as eBay or Amazon) accounts. In comparison, only 44% of people perceive it harmful if online forums (such as Reddit or Medium) or fitness apps get hacked.
“People tend to worry about financial accounts more. But it’s important to remember that if you use weak or repurposed passwords, it doesn’t matter which account gets hacked. In essence, all accounts become jeopardized,” says Chad Hammond, security expert at NordPass.
Sadly, even the most critical accounts are left insufficiently secured. For example, only 56% use a unique password to protect banking or other financial accounts. Similarly, only 47% protect their personal email account with a unique password.
Even cybercrime victims don’t take appropriate actions
Out of all the people surveyed, 22% have been victims of cybercrime. Out of all victims, 52% consider themselves tech-savvy, 50% are between the ages of 25 and 44, 14% are business owners, and 11% are managing directors.
“We started seeing a pattern when comparing the data of cybercrime victims and those who have never fallen prey. People who have been hacked tend to have more password-protected accounts. They’re also more ready to admit it’s extremely challenging to manage them,” says Chad Hammond, security expert at NordPass.
The study also reveals a different attitude towards passwords by those who have been affected by cybercrime. “Victims become more concerned about their email, forums or entertainment, communication, health apps’ accounts. They also acknowledge the necessity of strong passwords for these accounts more often. However, they don’t seem to take any action. Victims of cybercrime don’t tend to secure their accounts with unique passwords more often than those who haven’t experienced cybercrime,” says Chad Hammond, security expert at NordPass.
Apple Does Not Deliver On Its Promise To Release A Emergency Patch To Fix The Messages Bug
Posted in Commentary with tags Apple on May 1, 2020 by itnerdEarlier this week Apple promised that an emergency patch would be released this week to address a Messages bug that can cause your iDevice to crash, or even worse force you to restore from a backup. And possible it was also going to fix a zero day iOS Mail exploit that is allegedly being exploited. Well, as I type this it is Friday at 2:21 PM EST and no patch has been released. While I will admit that Apple has been known to occasionally release updates on Fridays, or even Saturdays, or even late in the day beyond the 1PM EST that they tend to release updates, I’m going to go out on a limb and say that the patch isn’t coming today.
For a company that claims to take this sort of stuff seriously, and seeing that at present users are unprotected at present, this really isn’t good optics for Apple. They could at least release some sort of statement saying that the patch isn’t being released today and when users can expect to see it. But I am not holding my breath. Apple hasn’t been the sort of company to be completely transparent and I don’t expect them to start now. Which is a shame as these two exploits require a better response from them.
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