Sharing PIN and password is equal to giving the house key to strangers
More than of Canadians share banking PIN with close ones. Source: shutterstock.com
According to RBC research, 55% of Canadians share their banking PIN or passwords with friends and family. Regardless of serious implications if PIN or password is exposed, 41% of Canadians have done a range of compromising their security things.
For instance, a large number of people use their birthday as their bank PIN, whereas others keep their PIN written down in their wallets. Canadians set the last 4 digits of their phone number as their PIN, the research reveals. Along with that, Canadian customers use the word PASSWORD as a password for websites.
There are also users setting debit or credit card PIN to 1234 or 5555, whereas some of them are writing their PIN on debit or credit card.
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