Nearly two in five Irish adults (39%) haven’t updated their main password in the last 12 months, according to new research.
The research, published yesterday by OneLogin, finds that 20% of Irish adults haven’t updated their passwords in over two years and a further five percent can’t recall the last time they updated their passwords.
In 2017, the global cost of cybercrime was estimated to be in excess of $600 billion and this figure is expected to continue to grow into the future. In parallel, CyberSecurity Ireland predicts that by 2023, $248 billion annually will be invested in cybersecurity.
OneLogin’s research, conducted by YouGov amongst 1,000 Irish adults over the age of 18, sought to analyse Irish adults’ online security preferences and behaviours. When people were asked for the most annoying method of online security, 31% of those surveyed cited Captcha, the random image and number generator and a further 17% said one-time passcodes, typically sent via email or text. Twelve percent said hard tokens such as dongles or smart cards, and a further 11% cited answering security questions, including their mother’s maiden name or first pet.
Commenting on the study, OneLogin’s head of EMEA, Elle Lathrop said, "Today’s OneLogin research demonstrates a growing awareness of the dangers of cybercrime, and points to an opportunity for Irish organisations and individuals to take a more stringent approach to their professional and personal online security."