By Daniel J. Solove
A recent study by TeleSign revealed that many people engage in some troublesome password practices. Some of the most alarming findings from the report include:
— 73% of accounts use duplicate passwords.
— Nearly half of consumers have a password they haven’t changed in 5+ years
— “Consumers have an average of 24 online accounts, but use only 6 unique passwords.”
— “Only 30 percent of consumers are confident that their passwords will protect the security of their online accounts.”
These findings demonstrate why better authentication is needed. Enforcing good password practices is tremendously difficult. People have so many passwords that they must memorize, and if they must be long and complex, this compounds the challenge. Alternative means of authentication — such as two-factor authentication — should be explored, as they can be affordable and efficient.