Updated May 1, 2014

Survey: Password Statistics


CreditDonkey identity theft survey reveals surprising number of consumers continue to ignore the need to be vigilant about online security and protecting their identity.

More than 3 in 10 share their password with a friend.

Nearly 25% add “friends" on Facebook who they don't know. Two thirds of consumers, some 68.4%, use the same password for multiple websites.

The survey paints a gloomy portrait of consumer attitude toward the real dangers of identity theft.

"The threat of identity theft is real, yet consumers continue to behave as if the danger is only other people's problem," says Charles Tran, founder of CreditDonkey.

CreditDonkey.com conducted the nationwide online survey of 510 Americans in May.

Highlights

Infographic: Have you been a victim of identity theft
Infographic: Have you been a victim of identity theft © CreditDonkey

13.1% of respondents have been a victim of identity theft.

Infographic: Do you use the same password for multiple websites
Infographic: Do you use the same password for multiple websites © CreditDonkey

68.4% of respondents have used the same password for multiple websites.

Infographic: Have you ever shared your password with a friend
Infographic: Have you ever shared your password with a friend © CreditDonkey

30.8% of respondents have shared their password with a friend.

Infographic: Do you add friends on Facebook that you don't know
Infographic: Do you add friends on Facebook that you don't know © CreditDonkey

24.5% of respondents have added friends on Facebook that they don't know.

Good News

  • 71.8% of respondents know that losing a social security card has the potential to cause the most harm when in the hands of an identity thief, compared to losing a credit card or driver's license.
  • 65.5% of respondents know that a credit freeze prevents new accounts from being opened in your name.
  • 76.3% of respondents know to check their credit report to find out if someone has opened a new line of credit in their name.

Bad News

  • Only 33.3% of respondents know a fraud alert does not prevent thieves from using existing credit cards or other accounts.
  • 26.9% of respondents are under the false impression that placing a fraud alert or credit freeze will negatively affect their credit score. Another 18% of respondents are under the false impression that placing a fraud alert or credit freeze will prevent them from accessing their own credit report.

"In reality, identity theft can strike any of us, and just like you shouldn't leave your front door unlocked, you should take basic precautions to protect yourself," advises Tran.

Don't forget to view our infographic on how to protect yourself from identity theft.

(Graphic Design by Raluca)

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Follow @CreditDonkey or write to Kelly Teh at kelly@creditdonkey.com
Kelly Teh is a features writer at CreditDonkey, a credit card comparison and financial education website. Our data-driven analysis has been recognized by major news outlets across the country and has helped young adults make savvy financial and lifestyle decisions. (read more)

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Comments about Survey: Password Statistics

  • Ehsan from Kabol
    on June 27, 2012 11:57 PM said:

    Hi Theresa,

    This is such a awesome post, Thanks for sharing the post to protect us from identity theft.

    BTW thanks for stopping by on my blog.

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