Security Risk: 63% of Employees Reuse Work Passwords
Results of a survey of 500 full-time U.S. employees conducted by Visual Objects shows that 63% of full-time U.S. employees have recycled passwords on work accounts and devices. The data shows Millennial workers are 6.5 times more likely to always reuse work passwords than Baby Boomers, who demonstrate safer password practices. However, Baby Boomers are more likely to store personal information on work devices. More than one-fourth of Baby Boomers (27%) are very comfortable with keeping personal information on work devices, despite associated cyber risks. However, only 17% of Millennials felt this way. This is attributed to the greater number of devices used by Millennials, making them less likely to require the use of their work laptop for these [personal] activities.
The study also indicates that most workers (91%) believe companies are at least slightly responsible for cybersecurity despite corporate policies indicating companies are responsible for determining security protocols, but employees are responsible for execution. Cybersecurity experts recommend companies integrate a two-factor authentication system or a password manager.