Date:
Wednesday, May 4, 2016
The Psychology of Passwords survey, commissioned by LastPass and fielded by independent panel research firm Lab42 in May 2016 underscores what many believe: although we know what safe passwords are, we tend to ignore this knowledge in favor of using easy-to-remember passwords.
Some of the facts:
- 91 percent know there is a risk when reusing passwords, but 61 percent continue to do so
- Only 29 percent of consumers change their passwords for security reasons
- The #1 reason people change their passwords is because they forgot it
- People prioritize their financial accounts (69 percent) over retail (43 percent) social media (31 percent) and entertainment (20 percent)
