Passwords still not taken seriously

From Vnunet:

The majority of administrative passwords in some of the world’s largest corporations are stored in the heads of one or two IT staff or kept on paper, according to a survey by Cyber-Ark Software.

Of the 200 IT security professionals questioned at the Infosecurity event in London, 28 per cent revealed that they keep their administrative passwords in their heads and 38 per cent resort to writing them down on paper.

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