February 23, 2018 — One in four youngsters in the UK use same passwords for all online accounts
Lisa Baergen, Director at NuData, comments on a report issued yesterday by TEISS UK disclosing that more than half of youngsters aged 18-25 years use the same passwords for multiple online accounts and also use such accounts to transfer sensitive data like copies of passports and licences to others.
Old habits are hard to break and using the same password for all online accounts is one of them. Some customers use password manager tools, but they are still the minority, leaving the rest at higher risk of becoming account takeover victims.
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