Recent analysis carried out by the UK’s National Cyber Security Centre (NCSC) found that one of the most commonly used passwords on breached accounts was 123456. The analysis found that this password was used by 23.2 million victim accounts worldwide. Other passwords that were regularly used are qwerty and 111111.1
Organisations trust passwords to protect valuable assets such as data, systems and networks. They verify users of operating systems and applications such as email, remote desktop access and CRM platforms as well as sensitive information like encrypted hard drives and compressed files.
Passwords are a prime target to hackers and thieves because they protect such valuable data. Although no method of password protection is 100% effective, it is important to safeguard your organisations security the best you can to protect your company and assets.
Benefits of having a robust password security procedure in place
Ongoing password management will help prevent unauthorised attackers from compromising your organisation’s password-protected information. Having an effective password management procedure in place will protect the confidentiality, availability and integrity of an organisation’s passwords.
Organisations should encourage employees to choose complex passwords that combine both capital and non-capital letters, symbols and numbers. When employees are then prompted to change their passwords, the IT system should not let the password update if it’s a password that has been previously used or is too similar to the password they are currently using.
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1 National Cyber Security Centre – UK Cyber Survey