Weak Passwords Have Led to $194 Million Being Lost to Scams

Weak Passwords Have Led to $194 Million Being Lost to Scams
A man types on a computer keyboard. Kacper Pempel/Reuters
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Almost half of Australians have easy-to-guess passwords, resulting in more than $190 million (US$127 million) being lost to online scams and hackers so far this year.

Some 46 percent use weak passwords to protect their online accounts, a survey conducted for Telstra found.

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