ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

New cybersecurity study revealed the 10 most common 4-digit PIN numbers — is yours on the list?

Despite numerous warnings, '1234' remains the most common four digit passcode.
UPDATED NOV 24, 2024
Representative image shows a woman changing her password at at ATM using her phone (Image source: Getty Images| Viktor Cvetkovic)
Representative image shows a woman changing her password at at ATM using her phone (Image source: Getty Images| Viktor Cvetkovic)

In the digital age, cybercriminals are always on the lookout for an opportunity to steal from honest working individuals. Despite this, many overlook one of the simplest yet most critical firewalls, the 4-digit PIN. A new cybersecurity study has revealed that 1234 is still the most common PIN in the world, along with several other easy-to-guess combinations. 

Representative image by Freepik
Representative image showing the importance of a secure password (Image source: Freepik)

Even though the 4-digit PINs are a small part of the overall security of accounts, they play a crucial role in safeguarding assets. With 10,000 possible combinations for a four-digit PIN, it would seem difficult for hackers to guess one. 

Representative image by Freepik
Representative image showing a lock on a credit card to describe a strong password (Image source: Freepik)

However, global cybersecurity advisor at ESET, Jake Moore, told MailOnline that people continue to use easy-to-guess passcodes that make them an easy target for hackers. As per the expert, using date of birth, or memorable pattern of numbers is a common but compromising trend. Furthermore, people keep using the same passcodes for years, further creating issues. 

The data was originally compiled by the late Nick Berry, and presented in the "Data Genetics" report. It collected information on four-digit PINs that have been revealed by data breaches. About 3.4 million such PINs were then analyzed by Information is Beautiful, to create a comprehensive map and analysis.



 

Despite several warnings, '1234' remains the most common PIN making up almost 11% of the PINs analysed. The second most common PIN was another easy-to-guess combination of '1111', making up about 6% of all the PINs. The PINs '0000' and '1212', followed the two with each close to a 2% share of all passwords.

Rest of the most common four-digit PINs:

7777

1004

2000

4444

2222

6969

The Daily Mail report pointed out that with just 61 guesses, a hacker could crack one-third of the total passcodes analyzed. Despite the limitations on the number of guesses, with only 5 attempts, a hacker could guess 20% of the PINs.

The illustration also highlighted the least common PINs used as well. According to the data, the topper of the list was 8068, making up just 25 of the 3.4 million passcodes.

The other least popular PINs were: 

8093

8398

7638

8428

8285

7583

6835

8629

7539

According to US Bank, there are some strategies to create unique PINs to help maximize security. One of the popular strategies is the "Word Method". In this, the numbers of the PINs are associated with a word and mapped to a phone keypad. For instance, the word "SAFE" would translate to the PIN 7233. 



 

Similarly, a letter from a unique personal acronym can also be used to create a secure, random PIN. However, it is important to avoid palindromes and repeating digits to make the PIN harder to guess.  

In addition to birth dates, other common memorable dates like a pet's birthday can be used to create a unique but memorable PIN. Apart from choosing random, hard-to-guess PINs, it is also recommended to keep changing PINs from time to time to maximize protection. Furthermore, it is recommended to use different PINs for different accounts.

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
Several businesses are offering free meals to current and former military personnel on November 11.
3 hours ago
Emmer believed that the President had inherited a broken economy from the previous administration.
21 hours ago
With the holiday season right around the corner, the company wants to bring in big revenue.
22 hours ago
The retailer has some great discounts in store for the holiday season this year.
1 day ago
It's not the best look for ByHeart, the company producing and selling the baby formula.
1 day ago
She had won more than $30,000 leading up to the Bonus Round, which was a great feat.
3 days ago
The bird's stock in the US is the lowest of the last 40 years thanks to a deadly avian flu.
4 days ago
The company claimed that there were concerns about physical safety with the bottles.
4 days ago
Currently, arguments about the legality of the President's tariffs are being made and heard.
4 days ago
She composed herself just well enough to be able to thank host Drew Carey after her big win.
4 days ago
The contestant was flexing his muscles and the host might have taken offence at that.
4 days ago
A lot of people would have wanted to swat the creature had it sat on their bodies out of fear.
4 days ago
The 1979 contestant had won a car during her time on the show, but her student failed to do so.
4 days ago
The company has issued an apology in a statement for the inconvenience caused.
5 days ago
Michael Burry made a return to X with a cryptic message warning against the 'AI Bubble'.
5 days ago
The host had no idea what the contestant was saying until he cleared it up.
5 days ago
Ryan Seacrest was surprised that the contestant was able to get it right so quick.
5 days ago
The creator claimed that it was all part of a bigger business model that got the bigger brands paid.
5 days ago
The group received massive backlash on social media from the show's fans for their trouble.
5 days ago
The two had become close friends during their time on the show, which saw Jennings become a legend.
6 days ago