Password Fatigue: A Real Problem With Serious Consequences

We are constantly bombarded with requests to create and remember passwords. From our email accounts to our social media profiles to our online banking, we have dozens of passwords to keep track of. According the SplashData, the average person has 100 passwords to remember. This can lead to password fatigue, which is the overwhelming feeling of frustration and exhaustion that comes from having to remember so many different passwords.

Password fatigue affects everyone from Baby Boomers to Gen Z. Not only do we need to think about password fatigue in our personal lives, but also professional. Many jobs require the use of multiple applications and platforms that hold confidential business information like customer information, financial information, employee information and even trade secrets and intellectual property.

Password fatigue can have several negative consequences for cybersecurity. For example, it can lead to people reusing passwords across multiple accounts. This is a major security risk, as if one account is compromised, then all of the other accounts using the same password are also at risk.

In addition, password fatigue can lead people to write down their passwords or store them in easily accessible places, like Notes on their phone, or a document on their computer. This also makes it easier for hackers to gain access to accounts.

A study by Beyond Identity found that those with high password fatigue were twice as likely to have been hacked or breached than those with low fatigue. The study also found that people with high password fatigue were more likely to reuse passwords and to use weak passwords.

There are a number of things that can be done to reduce password fatigue like using a password manager.

A password manager alleviates the majority of issues that cause password fatigue like having too many passwords to remember, assisting with creating complex passwords and more seen below.

Other steps you can take to reduce password fatigue and improve cybersecurity include:

  • Enabling two-factor authentication (2FA) whenever possible.
  • Avoiding reusing passwords across multiple accounts.
  • Not writing down your passwords or storing them in easily accessible places.

By taking these steps, you can help to reduce password fatigue and improve the security of your online personal and business accounts.

Vector Choice Advantage

Vector Choice understands the stress of password fatigue and how it can put your business at a significant risk. We offer many cybersecurity solutions like a password manager, multi-factor authentication, dark web monitoring and more. We will assist with creating and executing a plan that will alleviate password fatigue in your business while also monitoring the dark web for compromised information.

If you are interested and want to learn more, please schedule a Free 10-Minute Discovery Call by clicking the link here.

You may also want to schedule a free Vector Choice dark web scan to evaluate any exposed credentials. Simply fill out this form to schedule a free Dark Web Scan.