While more businesses are investing in security measures like multifactor authentication (MFA), employees still have poor password habits that weaken companies’ overall security posture, according to LastPass.
Given that stolen and reused credentials are linked to 80 percent of hacking-related breaches, businesses must take more action to improve password and access security to make a big impact on risk reduction.
“Securing employee access has never been more important and unfortunately, we see businesses ignore password security altogether, or only half-heartedly attempt to address it,” said Gerald Beuchelt, CISO at LogMeIn. “This report further highlights the importance of using the identity and access management tools available to information security managers in addition to maintaining focus on employee training to improve password habits.”
