What are the risks of having a weak password?

Password-based security has become increasingly difficult. It is nearly hard to create and remember a complicated password for each account and website on your own.

User names and passwords are still the most prevalent methods for users to log in to internet services, and this is unlikely to change very soon. In most situations, though, such qualifications are chosen by humans. Unfortunately, people have a dismal track record in this area, frequently repeating old passwords or selecting weak ones. Worse, they never update the default credentials on their IoT devices.

The findings of a recent study undertaken by the security firm Keeper Security that examined 10 million compromised accounts from broken data dumps for the most popular passwords do not surprise me.

However, of all the approaches, acquiring credentials by basic hacking remains one of the easiest and most straightforward ways to breach an organization's security. Too many users rely on weak passwords to safeguard their accounts, which is the most prevalent security flaw. Weak passwords were responsible for 30% of ransomware outbreaks in 2019, and they will continue to be a serious issue for businesses in 2022.