Of those whose personal data has been hacked, 20% reported that a cyberattacker successfully hacked one or more of their personal accounts, including bank or email accounts.
Uncovering the layered side effects of successful hacks and scams, 22% lost money as a result, and 30% said they doubt their personal information will ever be safe again.
For the 50% of respondents whose personal passwords have been exposed by a hack or data leak, the most common compromised passwords were those securing social media accounts (44%).
So why are these hacking attempts so successful? The research found that 39% believe that simply using a username and password is the most secure way to protect accounts and information.
In fact, it is the respondents’ most-used form of account protection.
“While passwords have been the go-to method for logging into accounts and securing information, they’re inherently insecure,” said Derek Hanson, vice president of standards and alliances at Yubico. “People tend to reuse passwords across multiple accounts and use weak passwords, which allows hackers to breach multiple accounts with a single login. Along with that, people are often tricked into sharing their passwords due to the sophistication of today’s phishing attacks. Using a username and password to protect accounts and information is the least secure form of data protection.”
Despite this, for those reporting cyberattacks at work, the most common avenue to “re-secure” information was simply implementing username and password resets for company accounts (30%).
And 20% disclosed that the company they work for only updates their technology and security policies on an “as-needed” basis.
Considering the lack of up-to-date cybersecurity protocols at work, alarmingly, respondents reported the measures in place to protect information at work are stronger than those protecting their personal information (70% vs 63%).
In light of this, it’s no surprise that for respondents worldwide, getting hacked on their personal accounts (24%) is the top cybersecurity fear keeping them up at night.
“According to the findings, people feel that their data is safe. However, the results of the survey prove the opposite,” said Hanson “And even worse, many have been successfully hacked and scammed on various platforms. Nearly half of those hacked have had their social media accounts compromised. And while this is significant in itself, it’s especially worrisome considering that social media accounts often contain sensitive data, like credit card information and communication with friends and family. We encourage everyone, both companies and individuals, to reexamine their data protection and adopt more secure measures, like multi-factor authentication, whenever possible.”
Produced in association with SWNS Research
