Intelligent CIO APAC Issue 32 - Page 29

INFOGRAPHIC informal . But of those who received cybersecurity education , only 31 % stopped reusing passwords and only 25 % started using a password manager .
• Confidence creates a false sense of password security . While 89 % of respondents acknowledged that using the same password or variation is a risk , only 12 % use different passwords for different accounts and 62 % always or mostly use the same password or a variation . To add to that , compared to last year , people are now increasingly using variations of the same password , with 41 % in 2022 vs . 36 % in 2021 .
“ Our latest research showcases that even in the face of a pandemic , where we spent more time online amid rising cyberattacks , there continues to be a disconnect for people when it comes to protecting their digital lives ,” said Christofer Hoff , Chief Secure Technology Officer for LastPass . “ The reality is that even though nearly two-thirds of respondents have some form of cybersecurity education , it is not being put into practice for varying reasons . For both consumers and businesses , a password manager is a simple step to keep your accounts safe and secure .”
However , Gen Z is also more likely to recognize that using the same or similar password for multiple logins is a risk , but they use a variation of a single password 69 % of the time .
Survey Methodology
LastPass commissioned the market research firm Lab42 to reveal the current state of password behaviors in the new era of remote work . The responses were generated from a survey of 3,750 professionals at organizations across a variety of industries in the United States , United Kingdom , Germany , Australia , Singapore and Brazil . The survey asked the professionals surveyed about their feelings and behaviors regarding online security . The result ? An increase in time spent online with continued poor password behavior and cognitive dissonance . p
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