Shared credentials - The Inconvenient Truth

"Credential Sharing" is one thing that really scares IT Security folks.

Even though privilege account monitoring has been around for some time, it has not been widely adopted.

Hopefully, Multi-factor authentication should provide some solace.

From the article 

1. Conducted among 200 of these (IT) decision-makers, the survey found that 52 percent of US-based IT employees  shared credentials with contractors.
2. 74 percent of those surveyed in the US reported that their organization needed to do a better job monitoring who is accessing data.
3. 62 percent believe their organization has too many privileged users

For more info:

http://www.darkreading.com/operations/identity-and-access-management/shared-passwords-and-no-accountability-plague-privileged-account-use/d/d-id/1321306