Moreover, the hybrid work environment combining remote and on-site workers and increased digital collaboration between employees and third parties have significantly amplified the number of credentials used across an organization. Data breaches seem inevitable when employees frequently mishandle passwords and companies fail to reinforce digital access points with added security measures. Sometimes a simple password is all that stands between a hacker and a company’s most significant assets. When it’s easy for hackers to steal, guess or crack employee passwords, they can more readily access critical systems and take valuable data.

Their motivation may be benign – to make passwords easier to remember and use – but the results are problematic. Password reuse across multiple accounts is common, and many people also create weak, easily guessed passwords. Many employees need to improve their password habits. These databases of stolen credentials, in turn, lead to more data breaches when employees fail to adopt better password hygiene ( only half will change their password after a breach). What is driving the theft of these credentials? Poor security hygiene and an ever-expanding attack surface.

What is contributing to this crisis, and what can business leaders realistically do about it? Poor security hygiene and an expanding attack surfaceĪfter years of high-profile data breaches, cybercriminals have amassed databases of billions of account credentials and other personal information. Ultimately, the compromised credential crisis threatens the financial health, stability, and brand equity of companies everywhere. This pervasive problem affects all sectors, endangering sensitive data and posing substantial risks to organizational security. In today’s interconnected world, businesses across the globe face a daunting challenge-the compromised credentials crisis.

LastPass Password Manager 4.117 free