Tech Trends: A Proliferation of Pilfered Passwords

Passwords

This week, Tech Trends considers why passwords get hacked and preview three new tools for the real estate professional.

We’ve Been Hacked! A newly published survey of 2,000 Americans conducted by OnePoll and published by Forbes Advisor has found 46% of Americans acknowledging their password was stolen in the past year.

The survey revealed that 68% admitting they had to change their password across multiple accounts after their password was compromised, while 35% believed their password was hacked because they had a weak password – 30% believed it was due to repeatedly using the same password on multiple accounts. But 42% of respondents said they only change their passwords when prompted instead of changing them regularly to avoid hacks.

Also, 29% of respondents said their passwords were hacked from the social media accounts, while 15% of users traced the problem to their email accounts. Home Wi-Fi networks were cited by 9% of respondents, while 8% of breaches occurred via online shopping accounts and another 8% were hacked from their financial institution accounts.

And why were their passwords hacked? The responses included weak passwords (35%), repeating the same password across multiple platforms (30%), company data breaches (27%) phishing (21%) and malware (21%); 17% of respondents said they had no idea how the breaches occurred.

Julius Crosses the Pacific. Blue Wall Technology, a Shanghai-headquartered workflow digitization proptech company, is launching an AI-powered property marketing and sales management system called Julius.

The new offering is a global version of a system that the company introduced in China in 2020, and it will first be released in North America and the Gulf Region before heading to other regions. The system is designed to help developers generate and distribute marketing content across social media platforms, with generative AI technology offering real-time adjustments based on clients’ feedback.

“Like many industries, the real estate sector is increasingly relying on social media platforms to generate new leads,” said Blue Wall Technology founder Jeffrey Yun Bai. “It is estimated that property transaction from online channels have been increasing at over 200% annually since Covid-19. We are ready to upgrade Julius to meet the urgent demand for digital solutions from marketers.”

Open the Door Digitally. Allegion US, a Carmel, Indiana-based security products and solutions provider, has introduced the Schlage XE360 Series Wireless Locks, an electronic lock portfolio designed for the multifamily market.

According to the company, the Schlage XE360 can be used on any type of door and required lock installation, and they can be upgraded in the field to allow migration from an offline to networked solution. The XE360 Series builds upon Schlage’s multifamily electronic access control ecosystem, including Schlage Control smart locks, and can be used in all openings – including main entrances, resident entrances, paths of egress, common areas and workspaces – with a one system solution.

“Designed specifically for the multifamily market and backed by Schlage’s legacy of trust and innovation, the XE360 Series is a versatile and affordable solution to create safe and secure communities for residents and enhance the multifamily living experience,” said Brian Telljohann, director of product management for commercial electronics at Allegion. “A strategic evolution of our multifamily ecosystem, the XE360 Series seamlessly integrates with Schlage Control mobile-enabled smart locks and features applications across the entire building, which allows multifamily operators to leverage a single access control and management solution without compromising security and design.”

Phone Decluttering. The macOS & iOS software development company MacPaw has debuted CleanMyPhone, an application designed to carefully remove digital clutter and free up space on iPhones and iPads.

ENB
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