Thirty-one percent of consumers in Singapore reuse the same passwords for work and personal accounts, according to the Cyber Security Agency of Singapore.
Despite a high level of education around password security, it seems like most people just find remembering passwords to be too much of a hassle despite 86% indicating that there is a need for strong passwords.
Meanwhile, a global survey conducted by McAfee reveals that more than half of the respondents have no qualms sharing their passwords with others (59% USA, 54% Australia).
Close to one third reuse the same or similar passwords on multiple accounts (34% USA, 32% Australia).
Forgetting a password is a considered a strong enough hassle for over 70% of respondents to abandon what they are attempting to do online.
Respondents would gladly give up pampering themselves if they never need to remember a password ever again.
Additionally, McAfee has created an online game to teach consumers about password managers and good password hygiene.
David Freer, Vice President, Consumer, McAfee shares that creating strong complex passwords unique to each account, utilising multi-factor authentication such as fingerprint recognition, regularly changing passwords and use of a password manager are four ways to enable consumers to fortify the strength of their passwords.