Visual Objects recently released a blog post detailing the extent of employee password reuse. According to the research, 63 percent of full-time U.S. employees have recycled passwords on work accounts and devices. As reported by multiple cybersecurity experts, password reuse represents one of the most fundamental identity management risks posed by employees.
Visual Objects is not a cybersecurity company; instead, it serves as a portfolio website that showcases work from top creative firms. As such, Visual Objects enables businesses to see creative agencies’ work and visualize future projects.
Surprisingly, Visual Objects’ research on employee password reuse indicates that younger employees more often reuse passwords; in fact, Millennial employees are 6.5 times more likely to reuse passwords than Baby Boomer employees. Additionally, 91 percent of workers believe companies hold at least slightly responsibility for cybersecurity. Most cybersecurity experts agree cybersecurity must begin from the top down.
Visual Objects suggests enterprises take steps to mitigate employee password reuse. These include deploying central password managers, enforcing automatic password resets on a regular basis, and implementing multifactor authentication. The research also found a newfound consequence to data breaches; remote work during COVID-19 increased the average cost of a data breach by $137,000, an expense many businesses can’t afford.
The blog post contains quotes from firms with working relationships with Visual Objects. Harman Singh, Director of Professional Services at Cyphere, gave the following. “Employees have a responsibility to ensure guidelines and processes are followed. Employees must take small actions that have a bigger impact on improving culture, such as appropriately reacting to suspicious emails, calls, or information online.”
Learn more about Visual Objects here.
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