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Secure Accounts? Not if We Keep Blabbing Our Passwords

 & Tom Brant Managing Editor

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If you're like most people, you're aware of good password management practices, like not sharing or re-using passwords. But being aware and actually putting into practice are two very different things, it seems.

Nearly every American shares account passwords, according to the results of a survey conducted by password management app LastPass. Ninety-five percent of those surveyed share between one and six passwords with other people, although 73 percent acknowledge that password sharing is risky.

The younger generation is more likely to share passwords, with 40 percent of 18- to 29-year-olds saying they do so, compared to only 8 percent of those over 60 years old. Of the 27 percent who said they don't believe password sharing is risky, 74 percent only share with people they trust.

The most frequently shared passwords are for Wi-Fi logins, with 58 percent of respondents claiming they shared them. But passwords to financial accounts were not far behind, at 43 percent.

"Nearly all aspects of our lives have some online component and when you bring password sharing into the mix, all of that sensitive information is instantly compromised," said LastPass Vice President Joe Siegrist.

The survey polled 1,053 U.S. consumers over the age of 18 using an online form. The results are especially disheartening for IT managers, since 61 percent of respondents said they are more likely to share work passwords than personal ones.

Passwords have been long been one of the weakest links in the chain of online security, despite the rollout of two-factor authentication and other methods to protect users' accounts. Google and Medium are even toying with the idea of eliminating passwords altogether.

Until that happens, password management apps like LastPass are a good solution, but they're not perfect: even LastPass is not immune to security troubles.

This article originally appeared on PCMag.com.

About Our Expert

Tom Brant

Tom Brant

Managing Editor

I’m a managing editor at PCMag.com focused on PC hardware. Reading this during the day? Then you've caught me testing gear and editing reviews of Wi-Fi routers, printers, laptops, and tons of other personal tech. (Reading this at night? Then I’m probably dreaming about all those cool products.) I’ve covered the consumer tech world as an editor, reporter, and analyst since 2015.

I've covered most major consumer tech events, including CES, Computex, Google I/O, and IFA. I've also appeared on CBS News, in USA Today, and at many other outlets to offer analysis on breaking technology news.

Before I joined the tech-journalism ranks, I wrote on topics as diverse as Borneo's rainforests, Middle Eastern airlines, and Big Data's role in presidential elections. A graduate of Middlebury College, I also have a master's degree in journalism and French Studies from New York University.

The Technology I Use

While most people buy a phone or laptop and stick with it for years, I’m lucky enough to use devices based on Android, iOS, macOS, and Windows daily as part of my job. As a result, I cycle through lots of tech in addition to my IT-issue work laptop. (Yes, that's a ThinkPad.) Personally, I’ve also owned a lot of tech products both cutting-edge and cringeworthy, from the Nintendo GameCube and the original MacBook to the Palm m105 and the CueCat.

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