An employee on average shares six passwords with his or her co-workers, and half of employees reuse passwords among work and personal accounts.
But there is a bit of good news: 45% of businesses are using multifactor authentication (MFA), up from 24.5% last year, according to a study by password manager LastPass of 43,000 organizations that use its service. Some 63% of organizations that employ MFA are in the US.
Even some smaller-sized companies are employing MFA: 41% of those doing so have 25 or fewer employees, the study found. Meantime, 3% of companies with 10,000 or more employees do so.
Read the full report here.
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