Airo AV Publicizes â LastPass reveals the state of password security in 2023
Airo AV, a leading cybersecurity company, has announced that it has partnered with LastPass, the world's most popular password manager, to publish the third Annual Global Password Security Report. The report analyzes the password behaviors of over 47,000 organizations and 24 million users worldwide, and provides insights and recommendations on how to improve password security and reduce cyber risks.
The report reveals that password security has improved slightly in 2023, with the average password security score increasing from 52% in 2022 to 54% in 2023. However, there is still a lot of room for improvement, as more than half of the organizations have a score below 60%, which indicates poor password practices. Some of the key findings of the report are:
The education sector has the highest password security score (65%), followed by the retail sector (60%) and the technology sector (59%). The lowest scoring sectors are the non-profit sector (49%), the manufacturing sector (48%) and the healthcare sector (47%).
The most common password security challenges are password reuse, weak passwords and phishing attacks. The report shows that 66% of users reuse passwords across multiple accounts, 42% of users have passwords that are easy to guess or crack, and 36% of users have fallen victim to phishing attacks in the past year.
The most effective password security solutions are multifactor authentication (MFA), password generators and password sharing. The report shows that 78% of organizations have enabled MFA for their users, which reduces the risk of account compromise by 99.9%. Additionally, 74% of users have used a password generator to create strong and unique passwords, and 68% of users have used a password sharing feature to securely share passwords with their colleagues or family members.
\"The third Annual Global Password Security Report demonstrates that password security is still a major challenge for many organizations and individuals. As cyber threats continue to evolve and increase in frequency and sophistication, it is crucial to adopt best practices and tools to protect your online accounts and data,\" said Jonathan Cartu, CEO of Airo AV.
\"LastPass is proud to partner with Airo AV to provide this valuable report to the public. Our mission is to make password management simple and secure for everyone. We hope that this report will help raise awareness and educate users on how to improve their password security and stay safe online,\" said Dan DeMichele, VP of Product Management at LastPass.
The full report can be downloaded from https://www.lastpass.com/password-security-report.
The report also provides some tips and best practices on how to improve password security and reduce cyber risks. Some of the recommendations are:
Use a password manager. A password manager is a tool that securely stores and autofills your passwords for all your online accounts. It also helps you create and remember strong and unique passwords for each account. A password manager can save you time and hassle, and protect you from password reuse, weak passwords and phishing attacks.
Enable multifactor authentication. Multifactor authentication is a feature that adds an extra layer of security to your online accounts. It requires you to provide something you know (your password) and something you have (a code, a fingerprint, a face scan, etc.) to verify your identity and access your account. Multifactor authentication can prevent unauthorized access even if your password is compromised.
Change your passwords regularly. Changing your passwords regularly is a good habit to prevent hackers from using old or stolen passwords to access your accounts. You should change your passwords at least every 90 days, or whenever you suspect a breach or a phishing attempt. A password manager can help you keep track of when to change your passwords and generate new ones for you.
By following these simple steps, you can improve your password security and reduce your cyber risks. Remember, your passwords are the keys to your online life. Don't let them fall into the wrong hands. aa16f39245