All the Rage

posted 7/28/2015 in General

In today’s digital age, passwords are essential to our everyday life. Whether its logging into our email at work or logging into our online banking at home, passwords are necessary for us to be able to access our private information securely. This dependency on passwords may explain why we get so upset when we can’t remember them. So move over road rage because password rage is the new frustration that is causing us to pull our hair out.

What is Password Rage?

Password rage is the anger and frustration you feel when you are unable to remember a password. According to a study by Centrify, the average person is said to have to remember at least 19 passwords for their average of 21 various social media, email, banking, shopping, and work logins. The inability to keep all of these passwords straight can result in reactions such as crying, swearing, and even banging one’s head on their desk. Centrify found that a quarter of all respondents in their survey admit to forgetting at least one of their logins a day, while just 20% claim to never have a problem with forgotten passwords. And the problem isn’t going to get any easier, as 14% of the survey respondents expect they’ll have to remember more than 100 passwords in the next five years!

How Can I Manage All My Passwords?

While it would be easier to just have one password for all of your logins, it’s important to create strong, unique passwords to protect yourself from hackers. If a hacker was able to hack into just one of your accounts, they would be able to hack into the rest of your accounts and obtain sensitive information such as your credit card number or bank account number. One option for keeping all of your passwords in check is a password manager. With a password manager, all of your passwords are stored inside a digital vault that requires you to only have to remember a master password. Once you have entered your master password, your password manager then auto-fills your passwords so you will never have to worry about forgetting a login password again. Popular options for password managers include LastPass, 1Password, and Dashlane. All of these services offer a free option, and prices range from a one-time $50 fee for 1Password to $12 a year for LastPass Premium.

The Future of Passwords

Within the past couple of years, cell phone manufacturers have started to implement finger print scanners called Touch ID within their devices. Once set up, these phones can use your fingerprint to unlock the device and even verify payments. Another developing technology is the use of facial recognition software to verify your identity online. While still in development, this technology would require you to stare into a webcam or cell phone camera to login to apps and websites. Both of these technologies take advantage of the unique characteristics we possess as humans to give us a quicker, more secure login procedure that is much more difficult to hack.

So if you find yourself shouting at your computer the next time you forget a password, know that you’re not alone. Password rage is a very real thing, and unfortunately it doesn’t look like it’s going away anytime soon. To keep yourself calm, use a password manager or spend more time creating a password that you will easily be able to remember. Also, remember that we offer secure account access to your mobile banking and give you the option to quickly and securely reset your password if you ever forget. At Lincoln Savings Bank, your security and confidentiality are our top priority.

Lincoln Savings Bank, Member FDIC.

Sources
Bourne, James. "Do You Suffer from Password Rage? If You Do, You're Not Alone." Enterprise Apps Tech News. Enterprise Apps Tech News, 5 July 2015. Web. 27 July 2015.

Burns, Eleanor. "Have You Fallen Victim to Password Rage?" Computer Business Review. Computer Business Review, 4 June 2015. Web. 27 July 2015.

Gray, Richard. "Do YOU Suffer from Password Rage? A Third of People Have Thrown a Tantrum after Forgetting Login Details." Mail Online. Associated Newspapers, 08 June 2015. Web. 27 July 2015.

Henry, Alan. "Five Best Password Managers." Lifehacker. Lifehacker, 1 Jan. 2015. Web. 27 July 2015.
Blog and News