According to the credit reporting firm Experian, the average Internet user has about 19 different online accounts, for which they only have seven different passwords. In addition, one in ten users never change their online passwords, and one in 20 uses the same passwords for all of their online accounts.
Those statistics definitely show that the password system is broken. When passwords were invented in the 60's, they were rather simplistic, as there was not a wide scale need for them. Today we have passwords for an exponential amount of web services. Couple that with the fact that we no...
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