Why We Don’t Protect Our Passwords

Harvard Business Review:

If you aren’t using longer, difficult to guess passwords, not sharing passwords across sites, and changing them regularly you are putting yourself at risk. Protect yourself and your data. Change your passwords regularly.

Originally posted on HBR Blog Network - Harvard Business Review:

Last week, news broke that a Russian crime ring has stolen 1.2 billion user-name and password combinations, and more than 500 million email addresses—the latest in a long string of data breaches. The experts say the best way to protect your identity and online information is to change passwords regularly and use a different password for every site. Yet according to a survey conducted last spring by the Pew Research Center, only 39 percent of Internet users ever changed their passwords.

As someone who studies consumer choice behavior, I’m always intrigued by statistics like these. Obviously, there is a yawning chasm between what we should be doing and what we actually do. And I’m just as guilty. I have not changed my password despite a one-in-three chance that my computer will be hacked, my credit card abused, my identity stolen, and all the other stuff I do not want to…

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Why We Don’t Protect Our Passwords

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