Too Many People Reuse Logins, Study Finds
An analysis of real-world online behavior has warned of the unsettling phenomenon that led to this week's high-profile Twitter login scare. Far too many people reuse the same logins for more than one site.
Using statistics gathered from the bank login protection software that runs on 4 million PCs over the last year, security vendor Trusteer found that 73 percent of users were using the password for their online bank sites to access at least one other website. Sixty-five percent compounded this risky behavior by using the same ID, while nearly half were lax enough to reuse both.
The problem with this behavior is that if it was ever an acceptable way to access websites, this week's Twitter phishing hack shows that password and user name reuse is now asking for trouble.
This week, a note on the Twitter alerted users to an attack on the social networking site's accounts that involved logins harvested from a network of scam Torrent file-sharing sites that had been active for years. Employing lateral thinking, the criminals worked out well in advance that users of the site would probably reuse those same logins enough times to make an attack on a higher-profile site viable at a later date.
"The takeaway from this is that people are continuing to use the same email address and password (or a variant) on multiple sites," says the Twitter post. "Through our discussions with affected users, we've discovered a high correlation between folks who have used third party forums and download sites and folks who were on our list of possibly affected accounts."
In Trusteer's view -- it has a password enforcement system to sell -- passwords are inherently limited. People cannot create and remember multiple passwords and logins, leading to their inevitable reuse for the sake of convenience.
"Our findings [...] reveal that consumers are not aware, or are choosing to ignore, the security implications of reusing their banking credentials on multiple websites," said Trusteer's CTO, Amit Klein.
The company's practical advice for users who don't wish to use a dedicated password application or password management website was to create three separate logins, one for financial sites, a second for any site holding sensitive data, and a third for sites not holding anything of value.