SYDNEY—3 September 2015—LogRhythm, the world’s fastest growing security intelligence company, today announced the results of its Australian Workplace Security study which brings to light how the security of Australia’s larger companies is at risk due to poor control over access and their employees’ use of passwords.
While virtually all (96 percent) respondents – workers in companies with more than 20 employees – require a password to use their own work computer, in only 3 percent of cases are passwords automatically changed and generated by company security. From the survey, it appears control over access is left to the discretion of employees.
And as workplace IT environments become more complex, so does the management of that access:
The majority of respondents (72 percent) take reasonable care, saying they have changed their password within the last six months, and half (59 percent) of workers say they change their passwords at least once a year. There is, however, a small but dangerous number (6 percent) that have never changed their access codes. The longer passwords are kept, the more time cyber criminals have to find and exploit vulnerabilities.
Where different access codes are stipulated by an employer:
Potential danger also comes from one in five workers (22 percent) keeping their passwords in an unsecure place:
Simon Howe, LogRhythm’s ANZ Sales Director, said: “It is clear from the results that employees may unwittingly be placing their organisations at greater risk of data breaches and other incidents. User accounts and passwords are being harvested on the black market to fuel cyber attacks. Businesses need to more actively monitor employee access to devices, applications and systems. And to set policies that encourage them to keep security front of mind.”
LogRhythm has the following password security advice for businesses:
With these survey findings, LogRhythm also offers Password Hygiene recommendations for employees to better protect their own personal data and their organisation’s network.
The Workplace Security study of 1003 employees from mid-large Australian corporations (20+ employees) was conducted by Galaxy Research as on an online permission-based panel during June 2015.
A representative sample of Australians aged 18-64 years was drawn in proportion to age, gender and location across Australia and eligibility was determined by work status (full-time or part-time) and number of employees at their place of work (20+ employees).
The survey was also conducted in Hong Kong and Singapore.
LogRhythm helps security teams stop breaches by turning disconnected data and signals into trustworthy insights. From connecting the dots across diverse log and threat intelligence sources to using sophisticated machine learning that spots suspicious anomalies in network traffic and user behavior, LogRhythm accurately pinpoints cyberthreats and empowers professionals to respond with speed and efficiency.
With cloud-native and self-hosted deployment flexibility, out-of-the-box integrations, and advisory services, LogRhythm makes it easy to realize value quickly and adapt to an ever-evolving threat landscape. Together, LogRhythm and our customers confidently monitor, detect, investigate, and respond to cyberattacks. Learn more at logrhythm.com.
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