We’ve discussed a lot of news involving password security over the years, but the following really hammers home the point. Sure, you should have unique passwords that protect your sensitive info, but what about your company? Think about how many gaping holes in security the following scenario presents.
First, there’s the problem of password sharing. CEOs routinely entrust their passwords to their administrative assistants, effectively handing them the keys to the kingdom. Stock traders give their passwords to the subordinates who handle their paperwork to ensure that they get credit for transactions. Nurses trade passwords so that they can access patients’ medical information in a timely manner. Actions like these increase network exposure exponentially.