Majority doing this for 'personal use,' survey reveals
Hackers aren't the only people who employers should be worried about these days, after a new report found that former employees are still accessing the accounts of their previous organisation.
Findings from PasswordManager.com found that 47% of 1,000 US workers are still using their employers' passwords even after leaving the company.
How did they do it? More than half (58%) said this is because the passwords had not changed since they left the company, 44% said someone still working for the company shared it with them, while 6.2% said they were able to guess it.
Why are they using it?
More than half of the respondents (56.2%) said they opened their previous employers' accounts to access information that they can use personally, according to the report.
It also found that 28% are using their former employers' passwords to access their paid tools or subscriptions. A quarter (25.27%) of these employees said doing so saves them between $150 and $200 monthly. Others are saving:
- $50 to $100 (20.64%)
- $100 to $150 (18.86%)
- $200 to $250 (12.81%)
- More than $300 (8.9%)
Meanwhile, other reasons for opening former employer's account include:
- Connecting with former clients or customers (43.1%)
- Helping with another job (39.1%)
- Disrupt company activities (9.7%)
The report found that one in three respondents said they have been doing this for over two years. However, only 15% of them had been caught.
Daniel Farber Huang, Head of...
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