Poor passwords open web bank users to ID theft


More than half of surfers use between one and four passwords to access up to 20 online banking and ecommerce accounts, new research has claimed. A poll of 150 PC users conducted by Kaspersky Lab found that two thirds of PC users have up to 10 online accounts that require passwords. Some 23 per cent have more than 20 password protected accounts.

The research found that only nine per cent of surfers use 20 different passwords to access 20 different accounts. The results were described as "particularly worrying" given Gartner's recent report suggesting that identity theft has increased by 50 per cent since 2003 in the US alone. Poor passwords open web bank users to ID theft - Security - www.itnews.com.au

Linked by shanmuga Friday, 9th March 2007 12:41AM