Almost 90 percent say they're prepared for password-based attacks -- but half still fall for them

A new report from Axiad shows that 88 percent of IT professionals feel their company is prepared to defend against a password-based cyberattack, yet 52 percent say their business has fallen victim to one within the last year. Based on over 200 responses from US IT pros, the study shows 39 percent think phishing is the most feared cyberattack, while 49 percent say it's the attack most likely to happen. Despite weaknesses though, 93 percent of respondents are still using passwords for business, citing the biggest reasons they still use them as fear of change (64 percent), the potential need… [Continue Reading]