Moreover, the research revealed that 29% of these stolen passwords are weak, with less than eight characters or without uppercase letters, numbers, or other special characters. About 40% of employees from the 162 companies surveyed reused identical passwords from accounts that had been breached. Note that we are talking about cybersecurity industry employees so awareness is not the issue here.
When cybersecurity companies that should be well prepared to protect their employee data fail to do so, it seems that the problem is not the lack of protections around the passwords but rather passwords themselves. The time has come to question the use of passwords as a suitable authentication method.