10 Reasons Why Your “Password Protected” Data Isn’t Safe

Thousands of hacked passwords are for sale on the Dark Web. Plus, with the workforce logging in remotely, it gives cybercriminals new opportunities to capture passwords and penetrate systems through insecure Wi-Fi networks and sloppy password handling habits. 

So how can a SMB afford big company cybersecurity protection on a small company budget? By choosing comprehensive tools that give you more for your money

Passwords are not an effective security measure, and keeping data and systems safe in the modern threat landscape requires stronger protection.

10 Statistics  to Know

These 10 statistics clearly show that passwords are definitely not the last word in data loss prevention.

• At least 65% of people reuse passwords across multiple sites.

• A terrifying 13% of people use the same password for all passworded accounts and devices.

• About 80% of data breaches in 2019 were caused by password compromise.

• Although 91% of participants in a recent survey understand the risk of password reuse, 59% admitted to doing it anyway.

• In 2019, 42% of companies were breached by a bad password.

• Unfortunately, 48% of workers use the same passwords in both their personal and work accounts.

• Compromised passwords are responsible for 81% of hacking-related breaches.

• The average person reuses each password 14 times!

• An estimated 49% of employees only add a digit or change a character in their password when they’re required to update it.

• Passwords were leaked in about 65% of the breaches that happened in 2019.

Adding security essentials like multifactor authentication, single sign on, remote access management, and more simple, sensible protections help keep data and systems safe from cybercrime. 

Don’t wait until your company becomes one of the 58% of SMBs that experiences a data breach – or one of the 60% that is potentially pushed into insolvency because of it. Get fast, easy, strong protection for your data and systems today. 

Should Your Business Be Afraid of the Dark Web?

Hackers and cybercriminals launch attacks every 39 seconds, which is an average of 2,244 times per day, with more than 8 Billion records confirmed to be compromised in the last year alone. Request a complimentary Dark Web Scan here.

Make Your Employees the Frontline of Cyber Defense

Your employees are your first and primary line of defense against online crime. Equip them with the knowledge and skills through Phishing Simulation & Security Awareness Training they need to protect themselves – and your business – from criminal elements. Learn more here.