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Volume 32, Issue 2

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Friday, 03 May 2019 17:04

It’s 2024: will passwords have become obsolete?

Passwords are simply too vulnerable. On the dark web the underground market for passwords and other identity details is thriving. Every month at least one major hack or data leak takes place in which millions of records, including passwords, are exposed or stolen.

If a hacker gets a password and email address they simply apply the information to online platforms such as Amazon, ebay, Facebook and others, until they get a hit. It’s common practice, known as credential stuffing. According to some, many people will have upwards of 200 online accounts within a few years. How do you remember passwords for so many accounts? The savvy use password managers, however many still use the same password across all their accounts despite warnings. 

Every year BullGuard notes that surveys of the most common passwords reveal that '123456', 'password', '123456789' and 'qwerty' still make the top 10. Cyber criminals love it. They have great success using simple keyboard patterns to break into accounts online because they know so many people are using these easy-to-remember combinations.

Because of their inherent vulnerability should we be seeing the slow decline of the password? If so, what will replace it and what will we be using five years from now? This article provides some insight by looking at how today’s developments are evolving from their password roots and how they might shape the future.