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
This will be damning for the DHS, which is already under immense pressure from the public.
2 hours ago
Experts believe that it has to do with getting a sense of momentary control.
4 hours ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
4 hours ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
7 hours ago
The payout was driven by the company’s financial strength and strong underwriting performance.
7 hours ago
Trump made this claim during his lengthy State Of The Union address earlier.
7 hours ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
9 hours ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
1 day ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
1 day ago
Trump failed to address the affordability issue that voters care most about.
1 day ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
1 day ago
The recall affected products that were sold to customers in four states and in Canada.
1 day ago
Those opposed to the changes believe Trump is politicizing the health of children.
1 day ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
1 day ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
1 day ago
A post on X could move trillions of dollars due to the power that retail investors hold
2 days ago
Despite a poor start, the contestant came close to winning the big prize.
2 days ago
The retailer had to face big losses as customers abused the no questions asked return policy.
2 days ago
The President is reportedly looking to pass tax breaks using reconciliation.
2 days ago
"Monetary policymakers would face tradeoffs between unemployment and inflation," Fed governor said.
2 days ago