clustro writes "Deloitte predicts that 8-character passwords will become insecure in 2013. Humans have trouble remembering passwords with more than seven characters, and it is difficult to enter long, complex passwords into mobile devices. Users have not adapted to increased computing power available to crackers, and continue to use bad practices such as using common and short passwords, and re-using passwords across multiple websites. A recent study showed that using the 10000 most common passwords would have cracked >98% of 6 million user accounts. All of these problems have the potential for a huge security hazard. Password vaults are likely to become more widely used out of necessity. Multifactor authentication strategies, such as phone texts, iris scans, and dongles are also likely to become more widespread, especially by banks."