Survey from Ping identity and Yubico highlights poor password practice

Despite the uptick in conversations about the importance of a secure password, half of the country’s workforce have a memorable word written in a notepad on their desk – with an astonishing 95% storing it on an easily accessible device.

4 days ago Posted in Security + Compliance

And it’s this poor practice which has 92% of UK IT decision makers concerned about passwords being stolen, according to a joint Throw Away the Key: Our Passwordless Future survey from Ping Identity, the intelligent identity solution for the enterprise, and Yubico, the leading provider of hardware authentication security keys.

But despite many individuals noting down their so-called secure logins, IT teams must still contend with 97 incidents of employees being locked-out of a device due to a forgotten password each month – and this figure jumps to 113 when talking about consumers needing to regain access to an account.

And when the password is finally restored, Ping Identity found that the word or jumble of letters will be inputted into a device 11 times a day – which amounts to nearly 39,000 times over the average working life of a Brit.

Rob Otto, EMEA CTO at Ping Identity, said: “Passwords take up unnecessary time – dwindling productivity and costing money. And regardless of how strong one thinks their password is, it can always be exploited.

“This is why a passwordless future is key. Businesses must be willing to adopt this approach, because as soon as they do, they’ll see fewer data breaches and identity fraud cases protecting their corporate reputation while improving productivity and experience for consumers and employees alike.”

Acronis and Dunedin IT are new cyber protection partners of Hibernian FC

Hibernian FC is delighted to announce an innovative multi-year partnership with Acronis, the global leader in cyber protection, and Dunedin IT, one of Scotland's most trusted and experienced technology and connectivity providers providing end-to-end services.

Palo Alto Networks introduces Out-of-Band WAAS

Latest Prisma Cloud platform updates help organizations continuously monitor and secure web applications with maximum flexibility.

NightDragon and Orange Cyberdefense partner

Orange Cyberdefense will work with NightDragon portfolio companies to infuse technology into high-value security services to help customers stay ahead of threats.

Kyndryl and Veritas Technologies form global partnership

Kyndryl and Veritas Technologies have formed a global partnership to help enterprises protect and recover their critical data across multi-cloud environments.

John B. Sanfilippo & Son combats persistent email attacks

John B. Sanfilippo and Son, Inc (JBSS), one of the largest nut producers in the world, has adopted Cyren Inbox Security to proactively combat ransomware threats and meet evolving cybersecurity insurance requirements.

Using more complex IT security strategies does not necessarily increase security

A global IT security and compliance survey of 800+ IT professionals found that the rate of IT security incidents increases the more Microsoft 365 security features are used. Conducted by Hornetsecurity, a leading security and backup solution provider for Microsoft 365, the survey findings were released at Infosecurity Europe 2022, being held this week at ExCel London.

Exabeam launches Cyberversity EMEA

A community effort designed to give back to aspiring cybersecurity professionals and increase industry-wide diversity through knowledge sharing and networking.

90% of cyberattacks can be avoided

Despite many businesses citing cybersecurity as top priority, senior leaders are more likely to invest in it only after suffering a damaging attack.