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Security

InfoShot: How much for a password?

Do you trust your employees not to sell you out to the highest bidder? Perhaps you shouldn’t. A new study from SailPoint Technologies suggests employees are increasingly willing to sell important information.  

The study found that 1 in 5 would sell their password to a third-party organisation; most would want $1,000, but some would as for as little as $100. These results show employees are growing even less faithful to their employers; the previous edition of this study found that 1 in 7 would sell their password, and the minimum fee they would demand was $150.

These results aren’t particularly surprising: a similar study from Clearswift found nearly a third of employees would sell their organisation’s sensitive IP, some for as little as $150.

Perhaps this is more proof passwords are no longer working. 77% of attendees at this year’s RSA security conference feel passwords are failing as an IT security method and with voice, fingerprints, iris, even selfies are becoming easily adopted options for authentication, perhaps it is time to retire Password1 from the world.

22-06-16-how-much-for-a-password

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Dan Swinhoe

Dan is a journalist at CSO Online. Previously he was Senior Staff Writer at IDG Connect.

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