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30% of ransomware infections caused by weak passwords: report

Despite decades of warnings, users are still prone to use same ‘favourite’ system password for multiple logins and accounts, reports PreciseSecurity probe.

Weak passwords were one of the most common cybersecurity vulnerabilities in 2019, and caused 30% of ransomware infections that occurred throughout the year.

Research rom PreciseSecurity.com has revealed that phishing scams caused more than 67% of 2019’s ransomware infections around the world. Another 36% of Mail Protection Service (MPS) users reported ransomware attacks due to a lack of cyber security training. Weak passwords were the third most common reason for ransomware infections.

The 30% share in the combined number of ransomware infections during the last years indicates that the level of password security awareness remains a high concern. The 2019 Google survey about beliefs and behaviours around online security showed that more than 30% of users recycle the same password across multiple accounts.

More than 50% of those polled admitted using a ‘favourite’ password for most of their accounts. Only some 33% of survey respondents knew how to define the password manager.

Breach analysis has indicated that 23.2m victim accounts from all parts of the world used ‘123456’ as a password, PreciseSecurity.com reports. Another 7.8m data breach victims chose a ‘12345678’ password. More than 3.5 million people globally picked up the word “password” to protect access to their sensitive information.

More information:

https://www.precisesecurity.com/