Many high-level executives and CEOs are using mind-meltingly terrible passwords, including 123456, according to new research.

Even high-ranking managers and business owners make bad decisions that could easily lead to major data breeches.

It is an alarmingly widespread issue. 80 percent of data breeches were caused by weak passwords, according to a report by the US telecom company.

Tiffany123

Some of the most commonly used passwords by CEOs are listed on the website of the company.

The list of CEO passwords includes hilarious entries such as welcome, test, andqwerty.

The technology and the finance sector are two industries that are most affected by careless mistakes.

CEOs are also resorting to using popular names for their passwords, many of them presumably references to partners or loved ones, with the name Tiffany showing up in over 100,000 data breeches.

Basic awareness and stronger passwords are the things that the CEOs should be aware of. Use a password manager and turn on two-factor authentication.

The passwords used by CEOs are dumb.

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