Either way, sharing an account means sharing a password, which comes with security risks. Streaming services: Video streaming accounts are frequently shared so that the same logins can be used by family members in different locations, although streaming pioneer Netflix recently created a stir by announcing they would no longer allow accounts to be shared outside of a single residence.You should change retail account passwords immediately if any account member is impacted by a data breach or finds their information on the dark web. This type of sharing can be risky since logins provide direct access to multiple bank accounts and credit cards. Retail accounts: Online retail accounts like Amazon are commonly shared by family members, so shopping carts, wish lists, and payment information can be located more easily.Unique credentials and MFA for shared accounts give IT teams better insight into who has been using a shared tool at any given time and what transactions were made by a specific user. Shared digital tools: Employees once shared accounts by default for expensive apps with per-seat licenses, but cloud computing models have made it easier for each employee to enjoy untethered access to the tools and apps they need.Despite these benefits, sharing company credit cards increases security risks by increasing the chances of misuse or fraud, making transactions harder to trace, and creating a lack of ownership among those sharing the account. Company credit cards: Rather than issuing individual credit cards to each employee, many organizations allow workers to share credit cards for low-dollar purchases to reduce paperwork and accounts payable transactions. Social media accounts’ direct link to brand reputation can also make password sharing risky for businesses if credentials aren’t properly monitored and controlled. Social media accounts: Social media accounts are usually shared so that multiple marketing people can post from the same company account and review analytics.
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