Passwords are at the core of securing access to an organization’s data. However, they also come with security vulnerabilities that stem from their inconvenience. With a growing list of credentials to keep track of, the average end-user can default to shortcuts. Instead of creating a strong and unique password for each account, they resort to easy-to-remember passwords, or use the same password for every account and application.
Password reuse is both common and risky. 65% of users admit to reusing their credentials across multiple sites. Another analysis of identity exposures among employees of Fortune 1000 companies found a 64% password reuse rate for exposed credentials.