‘Password Overload’ Is Pushing Millennials To Reuse Passwords More Than Anyone Else

‘Password overload’ is leading to some lax security habits, but there’s a growing appetite for better security solutions, according to new findings from Digital Guardian’s Data Insider blog.

'Password Overload' Is Pushing Millennials To Reuse Passwords More Than Anyone ElseAccording to the company’s recent survey of a thousand randomly selected Google users over the age of 18, 61 percent said they use the same password across multiple accounts. What’s worse, that attitudes of presumably more tech-savvy generations aren’t any better than those of older users: 62 percent of respondents aged 65 or older reported re-using passwords, while that number went as high as 76 percent among millennials aged 18 to 24. No wonder one in five reported having had an online account compromised.

A significant part of the problem seems to be simply the number of online accounts requiring password credentials. Seventy percent of respondents reported using ten or more password-protected online accounts, and 29 percent said they weren’t even sure how many such accounts they use because there are too many to count.

This points to a ripe opportunity for password alternatives to come into play. Biometric authentication, for example, would seem to offer an easy solution for many, and indeed major consumer-facing companies like Samsung envision a future in which biometric authentication plays a central role across a range of digital transactions. Meanwhile, almost half of Data Insider’s respondents – 48 percent – said they use two-factor authentication when it’s available. It seems that while password-based security is still a serious issue, there’s an appetite for stronger security mechanisms that could actually make life easier for most users.

Source: Digital Guardian’s Data Insider