You Need to Stop Sharing Passwords at Your Workplace!
It is not strange to discover employees in your company sharing passwords without minding the risks that such action takes.
The bottom line here is that password sharing can make your company more vulnerable to cyberattacks. If you are still unsure
why securely sharing passwords is so vital, look at the statistics below.
• Almost 13% of people use the same password for all of their accounts.
• Over 65% of people reuse their passwords across many sites.
• A stunning 73% of people choose to duplicate their passwords on personal and work accounts.
You should aware that gaining access to passwords can be as simple as trying weak passwords on several users, requesting
a person to disclose their password details, or attempting a compromised password belonging to a user, among other approaches.
Reasons Why Password Sharing is Dangerous
1. It May Result in The Loss of Account Ownership
Employees who share passwords with colleagues or other individuals risk giving those individuals access to every other account
that uses the same password. Hence, if someone has malicious intentions and can use your password to access your email
account, you may lose your complete internet identity. When hackers have your email address, they can also gain access to
other passwords they desire to change. This includes the login information you use to access online marketplaces.
2. It Affects Account Security
The security of any account that requires a password to access is fundamental. In such instances, exchanging passwords for
any accounts your employees use will make them less safe. Giving your password to someone you trust does not mean you
have nothing to worry about. It is because a person may maintain the details of a compromised account or may not keep the
information in a secure area. The password you share insecurely will be vulnerable to theft, increasing the chance of your private
information and accounts being compromised.
3. It Gives Chance for Hackers to Use Your Name
Anyone who uses your credentials to log in to an account will be logged in as you. This simply means that any action taken by
such a person will be in your name. For example, a hacker may choose to access inappropriate content or engage in dangerous
activities while using your account. When this occurs, you will be the one who bears the repercussions, which may not be pleasant
in some cases.
Even though password sharing appears to be path of least resistance and employees see it as a quick fix. You should provide staff
with tools that promote a safe collaborative atmosphere. As a result, password-sharing risks are reduced, and productivity is increased.
Finding out all of your bases to cover in terms of your organization’s IT strategy is not an easy task to navigate, especially in times
like these - which is why ACM is here to assist your organization. If you require any assistance for your business, contact us via
our hotline at 6295 5962 or email us at
info@achievement.com.sg today!
