Consider this scenario: Someone logs on to amazon.com using password xyz123. Then, they logon to gmail, where their password is also xyz123. Then, they logon to Facebook, where, yet again, their password is xyz123.
In this day and age, who would do such an obviously insecure thing as re-using the same password over and over again?
Yes, that Apple, the richest company in the world. The company famous for fighting the FBI over an iPhone password. Let me explain.
The home page of Apple.com
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Source: COMPUTER WORLD