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1 in 5 employees are willing to hand over their work passwords for money

Mar 30, 2016, 15:34 IST

Twitter/Tim Cook

One in five employees are willing to sell their work passwords to hackers, according to a new survey.

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The survey from SailPoint - a firm that sells software for managing user access to corporate systems - found that 20% of 1,000 respondents (all from companies with at least 1,000 employees) would sell their work passwords to a third-party for a fee.

According to the survey, US employees are most likely to hand over their passwords, with 27% of US workers saying they'd sell their logon details. Next up was the Netherlands with 20%, followed by the UK and France on 16%.

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Some employees were willing to sell their passwords for as little as $55 (£38) but most people wanted considerably more, with $82,000 (£56,000) being the global average amount required, according to figures cited by Quartz that weren't in the report.

Unauthorised access to a company's internal systems could provide a treasure trove of valuable data for criminals. They may be targeting individual user accounts, or they could be after intellectual property, or corporate strategy data.

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An Apple employee told Business Insider in February that hackers have offered Apple staff as much as €20,000 (£16,000) for their passwords. "You'd be surprised how many people get on to us, just random Apple employees," the Apple employee said. "You get emails offering you thousands [of euros] to get a password to get access to Apple."

SailPoint

The survey also asked whether respondents would be willing to sell their credentials for "less than $1,000 (£694)." Interestingly, UK workers came out top here, with 56% saying they would, followed by 50% in France and 44% in the US.

Last year, just one in seven people said they'd sell their corporate credentials for cash, painting a worrying trend for employers.

Kevin Cunningham, president and founder of SailPoint, said: "It's imperative that employees understand the implications of how they adhere to those policies. It only takes one entry point out of hundreds of millions in a single enterprise for a hacker to gain access and cause a lot of damage."

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