Are you fed up with juggling a stack of passwords like a circus performer? You’re certainly not on your own. According to a recent report, about 1 in 4 of us feels the same way. But the issue isn’t just the sheer number of passwords; it’s the security risks they introduce.
Let’s be honest, most of us aren’t cyber security experts when it comes to setting passwords. From weak and predictable passwords to the major mistake of using the same password across multiple accounts, human error is rife.
Another study found that, on average, individuals use the same password across five different accounts. And let’s talk about old favourites like ‘123456’… used in a staggering 23 million breached accounts.
But here’s the point: Cyber criminals don’t need any extra help. They’re already adept at cracking passwords, and our lax security habits are practically an open invitation for them to cause chaos. And the figures are eye-watering – a projected loss of $434 billion (£347 billion) to online payment fraud globally between 2024 and 2027, with 90% of data breaches stemming from stolen login details.
So, what’s the solution?
Password managers.
These crucial software tools remove the headache of managing passwords by generating and storing complex, unique passwords for each of your accounts. No more ‘123456’ catastrophes. Just solid security.
And the best part? Password managers not only bolster your security defences but they also simplify your digital life. With features like one-click logins and autofill, you’ll wonder how you ever managed without one. Plus, with the right password manager, you can be confident that your sensitive data is security, heightening your cyber security.
A password manager simplifies your life and protects your business at the same time. Want to know which one we recommend? Get in touch.
