UK Companies Lose 2.5 Months Per Year Dealing With Poor Password Management

June 14, 2019 — It has been reported that businesses in the UK lose an average of two-and-a-half months per year in time spent dealing with poor password management, according to new research. As detailed in its report Password Practices 2019, OneLogin surveyed 600 global IT professionals to gauge how companies are protecting passwords in terms of tools, guidelines and practices.Here’s Justin Fox’s take on the issue:

“While password-based authentication is irrevocably broken for authentication of users – whether employees or otherwise – this is still concerning and shows that humans continue to be the biggest risk factor in secure systems”.
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