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.

 

Recommended Reading:

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.
COVID-19: Latest Security News & Commentary
Dark Reading Staff 7/14/2020
Omdia Research Launches Page on Dark Reading
Tim Wilson, Editor in Chief, Dark Reading 7/9/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal, a Dark Reading Perspective
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
The Threat from the Internetand What Your Organization Can Do About It
The Threat from the Internetand What Your Organization Can Do About It
This report describes some of the latest attacks and threats emanating from the Internet, as well as advice and tips on how your organization can mitigate those threats before they affect your business. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-4462
PUBLISHED: 2020-07-16
IBM Sterling External Authentication Server 6.0.1, 6.0.0, 2.4.3.2, and 2.4.2 and IBM Sterling Secure Proxy 6.0.1, 6.0.0, 3.4.3, and 3.4.2 are vulnerable to an XML External Entity Injection (XXE) attack when processing XML data. A remote attacker could exploit this vulnerability to expose sensitive i...
CVE-2019-4747
PUBLISHED: 2020-07-16
IBM Team Concert (RTC) is vulnerable to cross-site scripting. This vulnerability allows users to embed arbitrary JavaScript code in the Web UI thus altering the intended functionality potentially leading to credentials disclosure within a trusted session. IBM X-Force ID: 172887.
CVE-2019-4748
PUBLISHED: 2020-07-16
IBM Jazz Team Server based Applications are vulnerable to cross-site scripting. This vulnerability allows users to embed arbitrary JavaScript code in the Web UI thus altering the intended functionality potentially leading to credentials disclosure within a trusted session. IBM X-Force ID: 173174.
CVE-2020-14000
PUBLISHED: 2020-07-16
MIT Lifelong Kindergarten Scratch scratch-vm before 0.2.0-prerelease.20200714185213 loads extension URLs from untrusted project.json files with certain _ characters, resulting in remote code execution because the URL's content is treated as a script and is executed as a worker. The responsible code ...
CVE-2020-15027
PUBLISHED: 2020-07-16
ConnectWise Automate through 2020.x has insufficient validation on certain authentication paths, allowing authentication bypass via a series of attempts. This was patched in 2020.7 and in a hotfix for 2019.12.