Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint

7/24/2014
11:00 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

IT Security Pros Surveyed: Poor password management leaves accounts open to attack

Lieberman Software survey reveals security professionals don't practice what they preach when it comes to passwords

 LOS ANGELES – July 23, 2014 - IT security professionals are gambling with the security of their organizations by failing to update important service and process accountpasswords on a regular basis, with almost 15 percent admitting to either never updating passwords or only updating them annually, a survey from Lieberman Software Corporation revealed.

 The company’s2014 Information Security Survey which was carried out at a major global IT security event earlier this year, studied the attitudes of nearly 280 IT security professionals and also revealed that nine percent of organizations update their service and process account passwords on a six monthly basis, 53 percent update them on a quarterly basis, 21 percent update them on a monthly basis and only 1.5 percent update them on a daily basis.

 In response to the findings, Philip Lieberman, noted cybersecurity expert and president of Lieberman Software, said, “As more and more security breaches are being uncovered, organizations should be taking a much more stringent approach at securing passwords. The defense and government industries, which are a very high target for cybercriminals, have come to realize that in order to improve security, passwords need to be changed on an hourly basis. If passwords only get updated on a monthly or quarterly basis, think about the damage a cybercriminal can do in that time -- one to three months of unlimited access into an organization’s critical systems? They could literally walk away with everything.”

 In addition, half of the respondents of the survey who admitted to never updating service and process account passwords revealed that the reason for this was out of fear that changing passwords couldpotentially cause outages and downtime.

 Commenting on these findings Lieberman said, “The organizations that choose not to update service and process account passwords because they are worried about causing outages, and believe the consequences of a cyber attack would be less severe than downtime, obviously do not understand how damaging a cyber attack can be and this points out a very worrying lack of awareness. The other respondents who admitted to never updating passwords, but didn’t cite network downtime as the reason, are playing with fire. Any organization that doesn’t update their service account passwords, or only updates them on an annual basis, quite frankly doesn’t understand the importance of these systems.”

 The full survey report is available at: http://go.liebsoft.com/Information-Security-Survey-2014

 About Lieberman Software Corporation

Lieberman Software provides award-winning privilege management products to more than 1200 enterprise customers worldwide, including nearly half of the Fortune 50. By automatically locating, securing and continuously auditing privileged identities, both on-premises and in the cloud, Lieberman Software helps protect access to systems with sensitive data, thereby reducing internal and external security vulnerabilities, improving IT productivity and helping ensure regulatory compliance. The company developed the first solution for the privilege management space, and its products, including Enterprise Random Password Manager (ERPM), continue to lead the market. Lieberman Software also provides a mature line of Windows security management tools. The company is headquartered in Los Angeles, CA, with offices and channel partners located around the world.

 For more information, visit www.liebsoft.com.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
itsec9987
50%
50%
itsec9987,
User Rank: Apprentice
7/25/2014 | 11:29:19 AM
RoboForm Password Manager
I recommend a password manager such as RoboForm to regularly update passwords.
97% of Americans Can't Ace a Basic Security Test
Steve Zurier, Contributing Writer,  5/20/2019
How Security Vendors Can Address the Cybersecurity Talent Shortage
Rob Rashotte, VP of Global Training and Technical Field Enablement at Fortinet,  5/24/2019
TeamViewer Admits Breach from 2016
Dark Reading Staff 5/20/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Building and Managing an IT Security Operations Program
As cyber threats grow, many organizations are building security operations centers (SOCs) to improve their defenses. In this Tech Digest you will learn tips on how to get the most out of a SOC in your organization - and what to do if you can't afford to build one.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-7068
PUBLISHED: 2019-05-24
Adobe Acrobat and Reader versions 2019.010.20069 and earlier, 2019.010.20069 and earlier, 2017.011.30113 and earlier version, and 2015.006.30464 and earlier have an use after free vulnerability. Successful exploitation could lead to arbitrary code execution .
CVE-2019-7069
PUBLISHED: 2019-05-24
Adobe Acrobat and Reader versions 2019.010.20069 and earlier, 2019.010.20069 and earlier, 2017.011.30113 and earlier version, and 2015.006.30464 and earlier have a type confusion vulnerability. Successful exploitation could lead to arbitrary code execution .
CVE-2019-7070
PUBLISHED: 2019-05-24
Adobe Acrobat and Reader versions 2019.010.20069 and earlier, 2019.010.20069 and earlier, 2017.011.30113 and earlier version, and 2015.006.30464 and earlier have an use after free vulnerability. Successful exploitation could lead to arbitrary code execution .
CVE-2019-7071
PUBLISHED: 2019-05-24
Adobe Acrobat and Reader versions 2019.010.20069 and earlier, 2019.010.20069 and earlier, 2017.011.30113 and earlier version, and 2015.006.30464 and earlier have an out-of-bounds read vulnerability. Successful exploitation could lead to information disclosure.
CVE-2019-7072
PUBLISHED: 2019-05-24
Adobe Acrobat and Reader versions 2019.010.20069 and earlier, 2019.010.20069 and earlier, 2017.011.30113 and earlier version, and 2015.006.30464 and earlier have an use after free vulnerability. Successful exploitation could lead to arbitrary code execution .