A report conducted by My1Login, which surveyed 1,000 employees and 1,000 business leaders on their security practices at work resulted in a troubling outcome. The report found that nearly 100% of employees understand what constitutes a strong password, but only 53% admit to using one. The report also found that individuals in the healthcare and education sector were more prone to reusing passwords from personal accounts for their work accounts. Additionally, 85% of employees who reuse personal passwords have received cybersecurity training. CEO of My1Login, Mike Newman, stated that cybersecurity training is not having the desired effect, and believes business leaders should “take the responsibility out of the hands of employees as much as possible” by using an authentication management solution.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is