Richard Parris, CEO of cybersecurity company Intercede, says the sharp rise in identity theft in the UK is a direct result of lax security procedures seen as consumers and companies persevere with outdated username and password-based authentication. Parris: The fact is that multiple complex passwords are difficult to remember and so inherently insecure. Instead its time companies take responsibility for the security of their consumers and governments took responsibility for their citizens security, he says. In a study The Rise of the Identity Centric Economy, 60% of UK consumers confirmed they only used passwords they could ‘remember”]