Less Than 1 In 5 Of Us Change Passwords As Often As We Should

MoneyTips

How often do you change passwords on all of your accounts? Or, are all of your passwords simply "password" or "123"?

Like most of us, you probably don't change passwords very often or make them very challenging because you're afraid you'll forget them. As a result, we leave ourselves vulnerable to identity theft – yet we expect businesses to provide airtight security without inconvenience.

The 2018 Global Fraud and Identity Report from the credit reporting agency Experian assesses the balance between security and convenience for businesses and consumers. The report shows a clear discrepancy between our security expectations for businesses and our own security practices.

Over half of businesses (52%) still rely on passwords as the primary authentication method. Businesses may believe that consumers prefer the simplicity of password protection, but the Experian...

from MoneyTips http://bit.ly/2EQqIIq