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
Oldest First  |  Newest 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.
Data Leak Week: Billions of Sensitive Files Exposed Online
Kelly Jackson Higgins, Executive Editor at Dark Reading,  12/10/2019
Intel Issues Fix for 'Plundervolt' SGX Flaw
Kelly Jackson Higgins, Executive Editor at Dark Reading,  12/11/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-5252
PUBLISHED: 2019-12-14
There is an improper authentication vulnerability in Huawei smartphones (Y9, Honor 8X, Honor 9 Lite, Honor 9i, Y6 Pro). The applock does not perform a sufficient authentication in a rare condition. Successful exploit could allow the attacker to use the application locked by applock in an instant.
CVE-2019-5235
PUBLISHED: 2019-12-14
Some Huawei smart phones have a null pointer dereference vulnerability. An attacker crafts specific packets and sends to the affected product to exploit this vulnerability. Successful exploitation may cause the affected phone to be abnormal.
CVE-2019-5264
PUBLISHED: 2019-12-13
There is an information disclosure vulnerability in certain Huawei smartphones (Mate 10;Mate 10 Pro;Honor V10;Changxiang 7S;P-smart;Changxiang 8 Plus;Y9 2018;Honor 9 Lite;Honor 9i;Mate 9). The software does not properly handle certain information of applications locked by applock in a rare condition...
CVE-2019-5277
PUBLISHED: 2019-12-13
Huawei CloudUSM-EUA V600R006C10;V600R019C00 have an information leak vulnerability. Due to improper configuration, the attacker may cause information leak by successful exploitation.
CVE-2019-5254
PUBLISHED: 2019-12-13
Certain Huawei products (AP2000;IPS Module;NGFW Module;NIP6300;NIP6600;NIP6800;S5700;SVN5600;SVN5800;SVN5800-C;SeMG9811;Secospace AntiDDoS8000;Secospace USG6300;Secospace USG6500;Secospace USG6600;USG6000V;eSpace U1981) have an out-of-bounds read vulnerability. An attacker who logs in to the board m...