Research finds 62% of people globally feel
overwhelmed managing passwords, yet many exhibit overconfidence in
their cybersecurity practices, often engaging in risky behaviors
like insecure password sharing and reuse
CHICAGO, July 30,
2024 /PRNewswire/ -- Keeper Security, the leading
provider of zero-trust and zero-knowledge cybersecurity software
protecting passwords, passkeys, privileged access, secrets and
remote connections, today released Fortifying Cyber Resilience:
Insights Into Global Cybersecurity Practices. The survey of
more than 6,000 respondents globally finds that 62% of people are
worried about managing too many passwords, accounts and logins.
This statistic underscores a growing concern among users about the
complexity of password management. The report reveals critical
insights into current security practices, highlighting both
strengths and gaps that need to be addressed.
Overconfidence in Cybersecurity Habits
Many individuals exhibit overconfidence in their cybersecurity
practices – particularly regarding password management. The survey
shows that while 85% of respondents believe their passwords are
secure, over half admit to sharing their passwords. Additionally,
64% of people feel confident in their cybersecurity knowledge
despite 2 in 5 admitting to password reuse and 24% writing down
their passwords.
Popular Password Management Practices
Risky password management practices further emphasize the
disconnect between widespread cybersecurity confidence and the
actual state of global cyber hygiene. Keeper's research finds the
most common methods for managing passwords include:
- Relying on memory (26%)
- Writing them down (24%)
- Storing them in a browser or phone notes app (19%)
While many people think their passwords are secure, their
behaviors indicate a critical need for advanced tools and
comprehensive education. Adopting a password manager, creating
strong and unique passwords for every account, and enabling
Multi-Factor Authentication (MFA) everywhere it's available, can
significantly enhance an individual's personal cybersecurity.
Password Sharing Still Prevalent
Despite crackdowns by streaming services, over a third of
respondents (34%) admit to sharing passwords for streaming sites.
The other most commonly shared passwords include:
- Shopping accounts (22%)
- Personal emails (20%)
- Social media (16%)
- Work/school emails (16%)
- Bank account passwords/pins (15%)
- Work productivity platforms (13%)
Work To Be Done
The widespread challenges in bolstering global cyber hygiene
demonstrate the need for education on the risks of insecure
password sharing and management, as well as the adoption of
solutions that will bolster cyber resilience. Despite leading
industry experts and government cybersecurity agencies recommending
the use of a secure password manager to store, generate and
securely share passwords, Keeper's research shows that only 12% of
respondents are doing so. These tools are crucial for managing
online accounts and identities safely.
"The data reveals a cybersecurity paradox where people feel
confident in their cybersecurity knowledge, yet are frequently
targeted by cyber attacks and scams," said Darren Guccione, CEO and Co-Founder of Keeper
Security. "This disparity emphasizes that knowledge alone cannot
mitigate cyber risks; using tools like password managers and
following best practices are vital for reducing cyber risks."
Keeper's Fortifying Cyber Resilience: Insights Into Global
Cybersecurity Practices report underscores the ongoing
challenges that security practitioners face in guiding people to
take timely actions to protect themselves online. Empowering
individuals through education and technology is critical to
safeguarding sensitive data and defending against today's
sophisticated cyber attacks and online scams. By staying informed
and adopting best practices, individuals can proactively defend
themselves against the most prevalent cyber threats.
Download the full report to learn more.
About Keeper Security
Keeper Security is transforming
cybersecurity for people and organizations around the world.
Keeper's affordable and easy-to-use solutions are built on a
foundation of end-to-end encryption, zero-trust and zero-knowledge
security to protect every user on every device. Our zero-trust
privileged access management solution deploys in minutes and
seamlessly integrates with any tech stack to prevent breaches,
reduce help desk costs and ensure compliance. Trusted by millions
of individuals and thousands of organizations, Keeper is the leader
for best-in-class password and passkey management, secrets
management, privileged access, secure remote access and encrypted
messaging.
Learn more: KeeperSecurity.com
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Methodology
This online survey of 6,005 respondents in
Australia, New Zealand, Singapore, Indonesia, Japan, France, the UK, US and DACH was conducted by
market research company OnePoll, in accordance with the Market
Research Society's code of conduct. This survey was overseen and
edited by the OnePoll research team. OnePoll are MRS Company
Partners, corporate membership of ESOMAR and Members of the British
Polling Council.
Media Contact
Christian
Morley
Lumina Communications for Keeper Security
keepersecurity@luminapr.com
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SOURCE Keeper Security