February 1, 2023

Are Your Online Passwords Safe?

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  • + More than three quarters (78%) of Brits mistakenly believe their passwords are completely safe if kept with a     large company[1]
  • + Almost three in four (74%) don’t know that making a password longer improves its strength[2]
  • + Those on a lower income are less informed about how safe their passwords are with companies[3]
  • + Public WiFi, VPNs and online passwords are among the most confusing internet related topics for Brits when it     comes to online security[4]
  • + Nick Baker, broadband expert at Uswitch.com, comments on how you can improve your online security.

Online passwords are the most misunderstood aspect of online security, with more than three quarters(78%) mistakenly believing their passwords are completely safe if kept with a large company. And with more of our data stored online, debunking myths around protecting it has never been more important.

After testing over 2,000 UK residents on widespread internet security myths from online banking to public WiFi, Uswitch.com determined the dangerous misconceptions that the majority of Brits still consider fact, the misunderstanding of which could result in having money stolen, data leaked or harmful malware installed on your device.

 The 10 most common online security myths 

Rank         Myth                                                                                                                                          Brits believing myth (%)

1               “Your password is absolutely safe if it is kept with a large company.”                                                   78%

2               “A password is not always better if it longer.”                                                                                               74%             

3                “A VPN does not prevent my  session from being hijacked on public WiFi”                                         71%

4                “A VPN does not disguise data  from potential hackers.”                                                                           67%

5                “Using a VPN on public  WiFi does not make it safer.”                                                                                 66%

6                “Hackers can’t download  malware, viruses and worms onto your device through public WiFi”    65%

 7                “Hackers can’t use public WiFi  to watch your session without your knowledge”                              59%

8                “Hackers can’t use public  WiFi to access your private financial situation.”                                         58%

9                “Using numbers or special  characters in a password does not make it safer.”                                    35%

10               “A password’s length is  not relevant if it is complex.”                                                                                30%

 

The belief that a password is absolutely safe if kept with a large company is most commonly held by those on a low income, with almost four in five (78%) of those earning £15,001 - £25,000analysed believing this misconception. 

While corporate security is generally strong, data breaches are not uncommon, and can lead to a hacker gaining access to several of your accounts, and any personal or financial information associated with them. 

Uswitch.com also found that almost two in10 (19%) UK residents did not change their passwords after it was stolen in a data breach. This is most common among 16-24 year olds, where more than a quarter (27%) admitted to keeping the same password, even though it had been compromised, meaning the younger generation are most at risk of having their data and accounts accessed due to poor password management[5].

A whopping 74% of UK residents believe the misconception that a password is not always stronger if it’s longer. While special characters and numbers do build a password’s strength, a longer password is always more difficult to crack. However, just over a third (35%) of Brits didn’t know that numbers and special characters also help to build a password’s strength[6].

Nearly four in five (78%) of Brits older than 55 don’t know that it’s better to make a password longer, and more than a third (35%) incorrectly believe a password’s complexity should take priority over length[7]. This suggests that older generations are most likely to have their accounts broken into by hackers using password cracking software, which are more capable at guessing shorter passwords.

 

VPNs are among the confusing aspects of internet security

Seven in 10 (71%) of Brits are unaware that a virtual private network (VPN) can prevent an online session being hijacked on public WiFi8]. When a session is hijacked, hackers are able to observe any browsing on your device, as well as passwords, financial details and private information. Three quarters (75%) of over 55s are unaware of this advantage of using VPNs, meaning older generations may be less informed of the methods that help build their online security[9].

Misconceptions around VPNs are especially common, with myths surrounding them taking the fourth and fifth position. Two thirds of UK residents are unaware that they can be utilised to disguise personal data from hackers (67%), and that they make browsing on public WiFi generally safer (66%)[10].

The most confusing internet topics

Rank                                      Topic                                                       Average Brits believing myth (%)

1                                              Online passwords                                                               46%

 2                                             VPN                                                                                        44%

 3                                             Public WiFi                                                                           43%

 4                                             Mobile phones                                                                     38%

5                                              Online gaming                                                                      36%

6                                              5G                                                                                             32%

7                                              Full fibre                                                                                  24%

8                                              Online banking                                                                     13%

 

Online passwords are the most misunderstood topic surveyed, with almost half (46%) of Brits believing each myth around their passwords on average. With passwords functioning as the first line of security for any online account, it’s clear that misinformation is preventing many UK residents from properly managing and building a safe, secure presence on the internet.

Online banking is the topic Brits are most secure in. Only 13% believed each myth on average, with the misconception that banking online is less secure than banking in-person being most commonly believed, by one in four (26%) UK residents[11].

Nick Baker, broadband expert at Uswitch.com, comments on how to improve your online security.

As internet security gets stronger, scammers and hackers have, in turn, gotten better at evading it. But there are precautions that anyone can take to improve their safety online.

“Invest in a Virtual Private Network (VPN). A VPN uses remote servers to create a private network only you can access. This means that anybody monitoring your session won’t be able to access any private data, and your online presence can’t be traced back to you. See our online guide for VPNs for all the pros of using a VPN for your internet safety, like how they provide access to regionally locked content that users cannot get otherwise, such as shows on streaming services or online games. 

“Use virus protection: Most laptops and computers have free antivirus software built in, and add some security when browsing online. However, paying for antivirus software will offer tighter defences against malware, and in some cases offers additional tools like password managers.

“Create longer passwords: Hackers have improved tools to guess passwords, so the more characters there are in a password, the longer it will take to crack. It’s equally important to create different passwords for your accounts, to make sure that one exposed password doesn’t make all your logins vulnerable.”

For more information please contact: 

Leoni Moninska, Uswitch.com / leoni.moninska@rvu.co.uk 

Alasdair Lindsay, Reboot Online / alasdair@journalistic.org

 

The data provided was sourced from a survey of over 2,000 British participants. For more information about the study, please reach out to one of the contacts above.

 

[1]Survey commissioned by Money.co.uk of 2,027 UK residents with access to Broadband between 15th-17th November 2022. Respondents were presented with facts and misconceptions around internet usage and asked to select those which were true.78% of respondents marked “your password is absolutely safe if it is kept witha large company” as true.

[2]73.66% ofsurvey respondents did not mark “A password is always better if it is stronger”as true.

[3]77.98% ofsurvey respondents earning £15,001 - £25,000 marked “your password isabsolutely safe if it is kept with a large company” as true.

[4]Misconceptions were categorised by topic and the average percentage of respondents believing each was calculated, to determine which topics were most confusing. Online passwords, VPNs and public WiFi were determined to be the most confusing topics, with 46%, 44% and 43% of respondents believing the selected myths around these topics on average, respectively.

[5]When asked “Have you changed your password after being informed that one of your passwords may have been compromised in a data breach?”18.8% of all respondents answered “No.” 27.43% of respondents aged 16-24 answered “No.”

[6]35.08% of survey respondents did not mark “Using numbers or special characters in a password makes it safer” as true.

[7]77.53% of survey respondents aged 55 and older did not mark “A password is always better if it is stronger” as true, and 34.68% marked “A password’s length is not relevant if it is complex” as true.

[8]29.16% of survey respondents marked “Accessing public WiFi with a VPN can prevent my session being hijacked” as true.

[9]25.15% of survey respondents aged 55 and older marked “Accessing public WiFi with a VPN can prevent my session being hijacked” as true.

[10]32.96% of survey respondents marked “A VPN disguised my data from potential hackers” as true, and 33.74% marked “It is safer to use public WiFi with a Virtual Private Network (VPN)” as true.

[11]Misconceptions were categorised by topic and the average percentage of respondents believing each was calculated, to determine which topics were most confusing. Online banking was found to be the least confusing topic, with 13% of respondents believing the selected myths around this topic on average. 25.56% of survey respondents marked “Online banking is much less secure than going to the bank in person” as true.

About Uswitch

Uswitch is the UK’s top comparison website for home services switching. We’ve saved consumers £2.5 billion off their energy bills since we launched in September 2000, and also help people find a better deal on their broadband, mobile and TV.

Uswitch is part of RVU, a global group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.

 

Source:

https://www.uswitch.com/broadband/broadband-statistics/

 

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