84% of the US Netflix users found to be sharing password

Authentication platform Beyond Identity recently surveyed more than 1,000 people across the US on the subject of password sharing for their subscription services.

The report mainly focused on the percentages of each major service provider having their accounts shared, the damages this has caused the account owners, and the ways in which people have attempted to remove borrowers from their accounts.

The survey uncovered that three out of 10 people say all their streaming accounts have the same password. 84% percent Netflix users shared the account with at least one other person. That said, more than half of Hulu, Disney+, and Prime subscribers also reported mooching.

Nearly 40 percent of account sharers won’t remove a person on their account due to wanting to avoid confrontation. Nearly 46 percent said someone had shared their password with someone else without their knowledge, while 31 percent experienced another person changing their password without their permission.

Many respondents admitted that their Netflix and Hulu passwords were the very same login key they used to access other accounts like music streaming (67%), social media (43%), or even their bank (12%). Nearly a quarter said that someone had both accessed and used their credit card information. 15 percent of password sharers said someone had ended up accessing and using their bank account information as well.

Many account owners changed the password in the hopes the other person would never reach out (24%) or simply ignored them when they did (19%). However, 30 percent of moochers said they would gladly ask the owner for the new password if they noticed it had been changed.

It can be seen that the average American is currently paying $56 every single month on streaming services alone. On average, streaming services lose $672 per moocher annually. Therefore, Netflix recently announced it would start charging those who share accounts, leading to an uproar among customers.