Individual users reusing passwords at home is translating to their work environment. Verizon’s Data Breach Investigations Report has found that 81% of company hacking-related breaches were due to either stolen or weak passwords. The report also revealed that the average cost per breach was $1,800, with a median value of $1,500. Experts recommend that companies bolster security systems while also continuing to educate employees about the latest hacking trends and how to implement safer password practice.
Verizon’s Data Breach Investigations Report has found that 81% of company hacking-related breaches were due to either stolen or weak passwords. The report also revealed that the average cost per breach was $1,800, with a median value of $1,500. Experts recommend that companies bolster security systems while also continuing to educate employees about the latest hacking trends and how to implement safer password practice.