Using the same password for multiple Web pages is the Internet-era equivalent of having the same key for your home, car and bank safe-deposit box.

Even though a universal password is like gold for cyber crooks considering they can use it to steal all of a person’s sensitive info at once, nearly half the Web users queried in a new survey said they use just one password for all their online accounts.

At the same instance, 88 percent of the 800 folks interviewed in the U.S. and the U.K. for the survey by the Accenture consultancy, which is to be released Thursday, said personal irresponsibility is the key cause of identity theft and cheat.

Researchers say the findings propose that many users underestimate the growing threat from organized cyber criminals who can reap big profits from selling stolen identities.

“There’s a lot of confusion out there — a lot of folks don’t think there’s a problem,” said Robert Dyson, a

senior executive in Accenture’s global shield practice. “There’s still the kind of head-in-the-sand situation: ‘My identity hasn’t been stolen. I don’t know anybody who’s had their identity stolen. So it must not be happening.’”

Dyson said the problem with repeating passwords is that a hacker who successfully breaks into one explanation soon after has an easy date guessing how to get into all the user’s other accounts.

Many users repeat passwords so they don’t forget them, which shows in another finding that 70 percent of survey respondents in the U.K. said they don’t write down their passwords, versus 49 percent in the U.S.

Only seven percent of the respondents said they change their passwords often, use password management software or use a fingerprint reader to access their machines and accounts.

The survey looked at folks who used a computer at home, have high-speed World Wide Web access and go online at…

Orginal post by Top Tech News