When Password Security Limits Account Safety & Productivity

Kevin Simpson
Kevin Simpson

Kevin Simpson is a coach and professional speaker with the #1 business coaching firm in the world – ActionCoach. He is ranked globally in the top 100 list of best business coaches and he sets the bar high for himself and his customers.
Being a partner in the largest Business Coaching firm in Canada, owning a leading boutique bicycle store, and a restaurant ranked in the top 100 in Canada with his wife Wendy will have that effect on you.
Kevin’s belief is that success doesn’t happen by accident – it’s planned, worked for, and it is to be shared. Every detail counts, and it is this commitment that comes through in everything he does, every company he coaches, and every audience he speaks to.
Business Edge Coaching has been ActionCOACH’s representative in Southern Alberta since 2007, and has been Calgary’s first choice in business coaching, corporate mentoring, training, team-building, and much more during that time. Through group workshops and one-on-one consultations, Business Edge Coaching’s team of experienced and certified business coaches can help guide you and your company to the new levels of success and prosperity.
With diverse services, resources and tools for businesses, Business Edge Coaching is a leading business mentoring company based out of Calgary, Alberta. Their highly skilled, dedicated and extending team awaits to reach out and help businesses get to the next level! infographic-passwords-kevin-simpson

Every person, working for every company, or buying from any online website has experienced it. That feeling where you scan your own memory bank, your keystrokes getting louder and harder with every try, your palms getting sweaty. You questioning your mental fortitude.
That growing anger that results in you yelling at your computer that all too familiar phrase – I’m sure that is my password damn it!!!!
As the number of our personal online accounts increases (North American statistics have that averaging 130 for every one of us) the number of passwords we are forced to create and then recall every day increases too. The advent of masked passwords (your text being hidden by an *) was supposed to increase the security of our choices, but in the end has actually lead to a decrease in security and a massive decrease in employee productivity for a number of reasons:
1. The chances of a person mistyping their password choice increases, causing them to choose simpler passwords without special characters, capitalized letters, and rarely used words.
2. The chance of a user picking a password that has easily guessable references (birthdate, last name, year, team name matching their Facebook avatar of their favorite football team etc.) drastically increases.
3. The constant resetting of passwords by IT departments is costing companies millions of dollars per year in lost productivity driven by the enormous amount of password reset requests.
More and more companies are re-evaluating their company’s password rules, and for some, as shown in the infographic, they are actually increasing on-line sales conversion by making it easier for their customers to buy from them.

Mr Kevin Simpson and Business Edge Coaching stand for your corporate training needs, business mentoring and more!

Kevin Simpson
Certified Senior Business Coach
The World’s #1 Business Coaching Firm

Business Edge Coaching Inc.
Suite 210 7710 5th Street SE,
Calgary AB T2H 2L9
Phone: 403-455-1577
Email: kevinsimpson@businessedgecoaching.com
Website: www.actioncoach.com/KevinSimpson