Today is the eighth annual World Password Day, aimed at encouraging everyone to choose and protect more secure passwords.
But a number of infosec professionals argue that this should be the last time this day is acknowledged.
The fact is passwords aren’t secure anymore. People choose weak passwords that can be guessed or cracked with brute force attacks. They also share and re-use passwords on multiple websites, cost employers money by asking IT to reset passwords and cost businesses money by abandoning purchases because they forget passwords.
Numerous studies show that credentials theft is one of the leading contributors to data breaches.