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.

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.”

Arcserve has published the first in a series of findings of its annual independent global research study on current experiences and attitudes of IT decision-makers (ITDMs) around data protection and recovery. Key findings from the research show that ransomware attacks continue to impact organisations worldwide with high costs, but they are still largely unprepared. With 50% of respondents targeted with ransomware attacks, the research indicates the critical need for companies to take a new approach to data resilience that fortifies disaster recovery strategies, backup systems, and immutable storage solutions to prevent the loss of mission-critical data.
A survey of WAN managers has revealed that multi-factor authentication and single sign-on are the top zero trust features implemented.
New research shows Log4Shell detections tripled, PowerShell scripts heavily influenced a surge in endpoint attacks, the Emotet botnet came back in a big way and malicious cryptomining activity increased.
Enterprise security solution underpinned by Versa SASE.
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.
Latest Prisma Cloud platform updates help organizations continuously monitor and secure web applications with maximum flexibility.
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 have formed a global partnership to help enterprises protect and recover their critical data across multi-cloud environments.