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April 17, 2008

Do We Need More Studies on Reused Passwords?

“Using the same password for multiple Web pages is the Internet-era equivalent of having the same key for your home, car and bank safe-deposit box.

“Even though a universal password is like gold for cyber crooks because they can use it to steal all of a person’s sensitive data at once, nearly half the Internet users queried in a new survey said they use just one password for all their online accounts.

“At the same time, 88 percent of the 800 people interviewed in the U.S. and the U.K. for the survey by the Accenture consultancy, which is to be released Thursday, said personal irresponsibility is the key cause of identity theft and fraud.

“Researchers say the findings suggest that many users underestimate the growing threat from organized cyber criminals who can reap big profits from selling stolen identities.”

Blogger says the findings suggest that we all have too many passwords to deal with and adapt accordingly.

And there’s always Password Composer.

(Link)

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Posted by mhall at 6:55 PM | Add Comment

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