The Problem with Passwords
They’re annoying to remember, insecure, and costly for companies.
Most-used passwords: 123456, password, 12345678, qwerty, abc123
Time it takes a hacker’s computer to randomly guess your password:
Time | |||
Length (characters) |
Lowercase | + Uppercase | +Nos. & Symbols |
6 | 10 minutes | 10 hours | 18 days |
7 | 4 hours | 23 days | 4 years |
8 | 4 days | 3 years | 463 years |
9 | 4 months | 178 years | 44,530 years |
Average amount it costs a business to field a phone call requesting a password reset: $10
Proportion of help desk calls that are password-related: 30%
Users who choose a common word or simple key combination for a password: 50%
Data: Gartner, Forrester, Duo Security, Imperva, LastBit Software
Source:http://www.businessweek.com