Security News > 2021 > February > Rampant password reuse puts companies and customers at risk

25.9 million business account credentials and over 543 million breach assets tied to employees in the Fortune 1000 are readily available on the criminal underground, SpyCloud reveals.

Regardless of security guidelines that warn against such behavior, many employees, even at the executive level, are using corporate credentials as personal logins for other accounts.

At 552,601 per company, employees in the telecommunications sector have by far the highest average number of exposed credentials.

Despite constant warnings about the high risk of using weak passwords, "123456" and "Password" are still the most commonly used among employees.

At 85 percent, the media industry has the highest rate of password reuse.

"The best way to prevent accounts from being taken over is to identify compromised credentials quickly after a breach and mitigate before criminals have time to use them. That requires a comprehensive, continuously updated database of breach data that security leaders can use to keep corporate accounts safe."

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