Experts Agree This Is the World's Weakest Password

RayaHristova / iStock via Getty Images

Decades ago, people did not need passwords unless they were in the military. With endless electric gadgets, many people use them several times a day. They protect smartphones, computers, bank accounts, e-commerce accounts and accounts for streaming services. So, why do so many people use the weakest passwords?

So Many Passwords

Source: LumiNola / E+ via Getty Images
When people have a dozen passwords, which they should have for safety reasons, they constantly forget them and then have to hit the “forget password” button. Then, later, they forget them again. Some people use the same password for all accounts, which online security experts say is a bad idea. (19 surprising things the U.S. government knows about you.)

Many online businesses require people to create complicated passwords. They will not allow people to open accounts unless these passwords have one capital letter, one small-cap one, one number (or maybe two), a symbol (?) and nothing that includes the person’s name, address, phone number or a spouse’s name or birthday. Presumably, these are much harder to break than using someone’s name.

Identity theft is a huge problem in America. Hackers have hit huge businesses and taken people’s online identities. An Equifax breach a few years ago exposed the identities of 140 million people. CNN reported, “This breach was particularly alarming as Equifax (EFX) is one of the major companies that tracks credit histories of almost all Americans and sells that sensitive information to banks, credit card companies and other clients.”

The Worst Password

Source: Media Trading Ltd / iStock via Getty Images
A new report from Nordpass, “The Top 200 Common Passwords,” shows these 200 passwords, how often they have been used in the past year and how long they take to crack. Several took less than a second. The weakest password, because of the number of times it was used and the speed with which it can be hacked, is “123456.” The user count was 4,524,867 times.

Other common passwords that are easy to break and often used are “admin” and “password.” The lesson from the study was that people who get hacked do not try to create hack-resistant passwords.

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.