CyberNews Briefs

Cybercriminals thriving on companies overlooking fundamental security requirements

New OneLogin research exposes a large discrepancy between the confidence of IT leaders in the password protection methods in place at their organization, and actual password hygiene.

While 91% of IT decision makers claim to have adopted guidelines for password complexity and 92% are confident that their password strategy is sufficient for safeguarding their organization, two out of three (65%) firms fail to make sure that employees don’t use common passwords, and three out of four (76%) don’t verify whether employee passwords are sufficiently complex. In addition, 32% of firms allow employees to choose passwords without special characters and 35% let staff select passwords of any length.

Thomas Pedersen of OneLogin believes this means that the vast majority of businesses are putting themselves at risk, because “[c]ybercriminals thrive on companies overlooking fundamental security requirements, which becomes an open invitation for any hacker on the hunt for easy passwords.”

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OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.