Report: 40% of IT security leaders don’t change default admin passwords

Nearly 90% of IT security professionals say they face challenges managing privileged passwords, according to a One Identity report, released Tuesday. This is a major issue, as eight out of 10 breaches that occur involved privileged credentials, a recent Forrester report found.

In a global survey of 900 IT security professionals, 18% said they still use a paper-based logbook to manage privileged accounts, One Identity found. Meanwhile, 36% are using “equally inadequate” spreadsheets for tracking privileged accounts, according to the report. Some 67% of companies rely on two or more tools to manage these accounts, indicating widespread inconsistency in privileged access management.

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