In fact, in 2019, 14.4 million people experienced identity fraud. While you may want to use easy-to-remember passwords - like your birthday or street address - the simpler your password, the more likely someone can hack your accounts or steal your identity. Now it's multiple emails, banking accounts, retirement accounts, online education platforms, Amazon, streaming services, newspaper subscriptions, chat apps, VPNs, social media, and healthcare accounts - just to name a few.Īdditionally, the most commonly used passwords take only seconds for hackers to crack - passwords like 123456, password, qwerty, and abc123, for example. In fact, a study conducted by NordPass found that the average user has around 100 passwords. It's not just your email and your bank account logins anymore. In recent years, password management has gotten a lot more complicated. If you use these links to buy something, we may earn a small commission at no additional cost to you.īack in the early days of the internet, most people got away with simple passwords they used over and over again for all of their accounts.

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