We spend 36 minutes a month typing the nearly 200 passwords we all have!

according to LastPass we're drowning in passwords

How many passwords do you think you have?  10?  20?  Try 200 – that’s according to security company LastPass’ research into just how overwhelming our use of passwords is.

Of course, this plays into the hands of LastPass who offer a software solution that means you just have one password and the software takes care of all your complex logins.

According to LastPass we have 191 passwords on average – other industry reports suggest it’s 27 but I think you’d agree if you were to look at your Browser password cache it’s a long long list of sites and services.

And how do we cope?  Well 91% of us know it’s risky reusing passwords – but guess what – 61% of us do it anyway.

Time Poor?  No wonder – you’re spending 36 minutes a month typing passwords!

But it’s for businesses where the real worry exists.  81% of all breaches of security are due to weak, reused or stolen passwords – and in 2016 alone 4.2 passwords were stolen.

If you multiply out the number of employees by that average of 191 passwords, a 250 staff business has 47,750 possible points of entry.

And while two-step or two-factor authentication is stronger and safer, just 26.5% of businesses are using it.

So there you go, not good folks.

If you find managing passwords tough, consider a solution like LastPass to do the work for you.  You can get hold of the Full LastPass “Password Exposé” online.

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Tech

Trev produces two of the most popular technology podcasts in Australia, Your Tech Life and Two Blokes Talking Tech. He hosts a nightly radio show on Talking Lifestyle, 8pm Monday to Friday in Sydney, Melbourne and Brisbane, appears on over 50 radio stations across Australia weekly, and is the Tech Expert on Channel 9’s Today Show and A Current Affair. Father of three, he is often found down in his Man Cave. Like this post? Buy Trev a drink!
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