Even as Americans embrace AI, crypto, and smart home devices, new research shows that many are still ignoring basic cybersecurity best practices. According to new research from Security.org, 1-in-4 U.S. adults still write down their passwords on paper, and nearly 1-in-5 reuse the same passwords across multiple accounts.
These risky behaviors come at a significant cost. The FBI reports that identity theft and stolen login credentials cost Americans over $12.5 billion last year. Despite these rising threats, Security.org’s Annual Password Manager Market Report found that only 36% of U.S. adults (about 94 million people) currently use password manager services.
Here are some other key findings from the new research:
- Over half of adults use risky methods like memorization, browser storage, and written records to manage their passwords. These people were more likely to have experienced recent identity theft compared with those who use password managers.
- LastPass was once the most popular password tool but is still struggling to regain public trust and market share after several data breaches and a recent customer service scam.
- Tech giants like Google and Apple now dominate the password manager market, with 55% of users relying on their proprietary tools.
- Over 75% of non-users say they are open to adopting password managers if it offers the right combination of usability, security, and affordability.
Full details at: https://www.security.org/digital-safety/password-manager-annual-report/
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This entry was posted on November 13, 2024 at 10:40 am and is filed under Commentary with tags Security.org. You can follow any responses to this entry through the RSS 2.0 feed.
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1-in-4 Americans Still Making This Risky Password Mistake: Security.org
Even as Americans embrace AI, crypto, and smart home devices, new research shows that many are still ignoring basic cybersecurity best practices. According to new research from Security.org, 1-in-4 U.S. adults still write down their passwords on paper, and nearly 1-in-5 reuse the same passwords across multiple accounts.
These risky behaviors come at a significant cost. The FBI reports that identity theft and stolen login credentials cost Americans over $12.5 billion last year. Despite these rising threats, Security.org’s Annual Password Manager Market Report found that only 36% of U.S. adults (about 94 million people) currently use password manager services.
Here are some other key findings from the new research:
Full details at: https://www.security.org/digital-safety/password-manager-annual-report/
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This entry was posted on November 13, 2024 at 10:40 am and is filed under Commentary with tags Security.org. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.