Security News > 2020 > May > Less than a quarter of Americans use a password manager

A large percentage of Americans currently do not take the necessary steps to protect their passwords and logins online, FICO reveals.

Only 42 percent are using separate passwords to access multiple accounts; 17 percent of respondents have between two to five passwords they reuse across accounts; and 4 percent use a single password across all accounts.

Less than a quarter of respondents use an encrypted password manager which many consider best practice; 30 percent are using high risk strategies such as writing their passwords down in a notebook.

If you're a security leader and your organization is still not using a password manager, find out how to evaluate a password management solution for business purposes.

While there is significant room to improve how consumers protect their login credentials, the survey also found that Americans are becoming more trusting of using physical and behavioral biometrics to secure their financial accounts.

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