Do You use the Same Password in Different Places?
If you use the same password for your e-mail account, Twitter and your online banking, cracking your Twitter account, for example, makes your other accounts vulnerable to cyber criminals. A
recent study by Trusteer based on a sample of more than four million users (many of whom are customers of leading North American and European banks) of the Rapport browser security service found that passwords were being re-used in surprising numbers as two key findings demonstrate below:
- 73 percent of bank customers use their online account password to access other websites and
- 47 percent use both their online banking user ID and password to login elsewhere on the Internet.
Although creating a number of different, strong passwords for each of your accounts may at first seem cumbersome, Trusteer's findings suggest that many online users are leaving themselves more vulnerable if they do not.
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