US companies waste over two months a year resetting passwords

To mark today's World Password Day, access and identity management company OneLogin has released a report that shows IT professionals at US companies waste 2.5 months a year resetting internal passwords. It also finds that almost half of US businesses (44 percent) take up to a month or more to deprovision ex-employees, while 28 percent take a full working week. OneLogin surveyed 300 IT decision makers across the US to discover their attitudes towards password hygiene. Nearly two-thirds (65 percent) of respondents don't check employee passwords against common password lists and more than three-quarters (76 percent) don't check employee passwords… [Continue Reading]