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Main Points:
There’s no use sugar-coating it — password policies that could use a little “leg day” at the cybersecurity gym are leaving organizations vulnerable to attacks. Now, don’t get me wrong, passwords are like keys. Imagine a thief has your house key; no matter how sturdy your security systems are, you’re in for a bad day. Similarly, passwords give intruders the access they need, and weak policies just fast-track this process.
You may believe that adhering to standard password complexity requirements is like wearing your seatbelt on the internet highway. But hang on, what if you discover that your seatbelt isn’t strapped to anything at all? Nearly 83% of compromised passwords can satisfy regular password complexity and length requirements as laid down by compliance standards.
Not to be the bearer of bad news, but cyber bad guys now have access to a treasure trove of stolen credentials, estimated in the billions. They’re like DJs spinning a wheel of potential passwords, waiting to land a combo that will grant them entry into more accounts. It’s like a twisted version of the Spin-The-Bottle game, only there’s no fun in it!
Summary:
Long story short, password policies and complexity requirements might be as secure as a marshmallow holding up a brick. Approximately 83% of compromised passwords still manage to elbow their way through existing password rules. It gets worse when you realize that cyber villains are busy spinning the ‘wheel of misfortune’ with billions of stolen credentials. Bottom line? If your thoughts on password security are a little on the “meh” side, it may be time to pump up those cybersecurity muscles!
Original Article: https://thehackernews.com/2023/09/are-you-willing-to-pay-high-cost-of.html
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