Password Security Better, Still Poses Business Risk

Password Security Better, Still Poses Business Risk

Today marks the start of National Cybersecurity Awareness Month (NCSAM), and LastPass by LogMeIn has released the 2018 Global Password Security Report to align with the efforts of NCSAM. While businesses have reportedly made progress with passwords, they still have a long way to go toward strengthening password security. Today’s report is an effort to continue to raise awareness about the risks of dangerous password behaviour.

Analysing anonymised data from more than 43,000 companies of all sizes that are using LastPass as their business password manager, the report graded businesses, awarding a password security score on a scale of 0–100. The average password security score of organisations was 52. Organisations with fewer than 25 employees averaged 50, while technology companies scored averaged 53 points, in part because 31% of businesses in the technology sector have adopted multifactor authentication.

By Kacy Zurkus

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