Report reveals 99% of enterprise users reuse passwords across nearly three accounts
SAN JOSE, Calif. — Balbix Inc. released its State of Password Use Report 2020. The Balbix Security Analytics Team set out to determine the leading behaviors of password use in the enterprise as well as the key trends of breaches caused by compromised credentials. The findings of the report unveil that very few users take appropriate action to significantly reduce the risk of password compromise.
The study found that more than 99% of users reuse passwords, either across work accounts, or between work and personal accounts. Password reuse is widely prevalent due to the desire for convenience and speed when navigating various accounts. Balbix’s report also discovered that on average, every single user password is shared across 2.7 accounts. What’s more, the average user has more than 8 passwords shared between accounts, with 7.5 passwords shared between work and personal accounts and 0.8 passwords shared between internal and SaaS accounts.