The Top Password Security Trends in 2014

Passwords are Vital

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But oftentimes

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Stealing passwords is a verylucrative business for hackers

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Last year, 8.1 million Americanshad their passwords stolen

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And, as a result, were the victimsof identity theft

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That equated to 37 billion dollars in damages from the thefts

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Here are some facts that willhelp you

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300 USD per employee per yearto reset a password in a business

When using yahoo and linkedin the most common passwords used were123456, work, abc123456789, 123

and the

Despite the urging of corporateamerica to create stronger

passwords with longer characters in them

33% of individuals use the samepassword for their social media sites

10 % of all internet users utilize the very same password for all the

websites they visit

33% of end users save theirpasswords on a word doc, or on a

post it note

Stolen PIN numbers on credit cardscost customers 500 million USD

Paypal was the most phishedwebsite with over 13000 spoofed

websites.

On average, an individual owns 10 online accounts in which they use the very same password to login

Passwords breaches cost sonycorporation a staggering 171 Million

USD

An individual’s password is stolenor hijacked every 3 seconds.

Stolen passwords led to 8.1 Million Americans to become victims of

identity theft, with a total price tag of 37 Billion USD.

A famous hacker known as Soldier, stole 3.2 Million USD from major US

Corporations.

32% of end users save theirpasswords or pin numbers onto

their smartphones.

62% of smartphones end users savetheir passwords or PIN numbers

onto their smartphone.

The average password is only 6 characters long.

A hacker can crack the averagepasswords in just 3 minutes or less.

25% of passwords are a person’sfirst name.

5% of men use their spouse’sname as their password.

30% of women use their spouse’sname as their password.

4% of end users password for the actual password.

Plenty of good reasons theyare….

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To use strong passwords.

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And to change them frequently.

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There are also passwordmanagement tools.

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That can make this a lot easier.

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