Orome1 quotes a report from Help Net Security: Despite high-profile, large-scale data breaches dominating the news cycle — and repeated recommendations from experts to use strong passwords — consumers have yet to adjust their own behavior when it comes to password reuse. A global Lab42 survey, which polled consumers across the United States, Germany, France, New Zealand, Australia and the United Kingdom, highlights the psychology around why consumers develop poor password habits despite understanding the obvious risk, and suggests that there is a level of cognitive dissonance around our online habits. When it comes to online security, personality type does not inform behavior, but it does reveal how consumers rationalize poor password habits. My personal favorite: password paradox. “The survey revealed that the majority of respondents understand that their digital behavior puts them at risk, but do not make efforts to change it,” reports Help Net Security. “Only five percent of respondents didn’t know the characteristics of a secure password, with the majority of respondents understanding that passwords should contain uppercase and lowercase letters, numbers and symbols. Furthermore, 91 percent of respondents said that there is inherent risk associated with reusing passwords, yet 61 percent continue to use the same or similar passwords anyway, with more than half (55 percent) doing so while fully understanding the risk.” The report also found that when attempting to create secure passwords, “47 percent of respondents included family names or initials,” while “42 percent contain significant dates or numbers and 26 percent use the family pet.”

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Source: Slashdot – The Psychological Reasons Behind Risky Password Practices