In addition, 25% admit to using simple and less secure passwords to assist with memorization.” 2Ĭompanies are aware that breaches can undermine customer trust and endanger revenue growth, but they often handle such matters in a counterproductive manner, implementing mandatory periodic password resets, which prove to be timely and costly. According to a 2016 national survey conducted by the Pew Research Center “84% of online adults rely primarily on memorization or pen and paper as their main (or only) approach to password management. To complicate matters further, with the rise of BYOD, companies are at an increased risk of losing valuable company information, resulting from simple mishaps such as lost or stolen devices (particularly if these devices are not secured with passwords or passcodes) or unexpected employee turnover without the immediate revocation of credentials.
This is particularly troublesome as employees are the first line of defense when it comes to maintaining a company’s online security. According to a 2016 Data Breach Investigation Report from Verizon, “63% of confirmed data breaches leverage a weak, default, or stolen password.” 1 And, while the convenience of such actions is inarguable, the security implications are significant. It may be in the form a sticky note “hidden” under a keyboard or an Excel spreadsheet with each URL, username and password precisely recorded and saved to their desktop. And while the programs themselves may bolster workforce productivity, remembering and resetting connected credentials can be a time drain.Įmployees, striving for convenience and productivity, often revert to writing down their logins. With the integration of online properties comes an increase in company profiles tied to those properties.
How much do you expect of your employees when it comes to online security? In the age of computer automation, employees are increasingly managing their responsibilities online from blogs, to collaboration tools, marketing automation, and CRM.
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