Security News > 2023 > March > Report: Terrible employee passwords at world’s largest companies

A report released Wednesday by password manager NordPass indicates that some employees at some of the richest companies are using weak passwords.

In an analysis of the world's 500 largest companies by market capitalization across 20 industries and 31 countries, NordPass found that weak and easily crackable passwords were prevalent.

Two of the worst offenders - "Password" and "123456" - appeared among the top seven most common passwords for all 20 industries.

Certain terrible passwords were popular based on the industry.

Many accounts used the full company name, the company's email domain, part of the company's name, an abbreviation of the company name, or the company product or subsidiary name as their passwords.

"On one hand, it is a paradox that the wealthiest companies on the planet with financial resources to invest in cybersecurity fall into the poor password trap," Karklys said.

News URL

https://www.techrepublic.com/article/employees-worlds-largest-companies-terrible-passwords/