The word is one of the top 25 worst passwords of 2011:
The list is somewhat predictable: Sequences of adjacent numbers or letters on the keyboard, such as “qwerty” and “123456,” and popular names, such as “ashley” and “michael,” all are common choices. Other common choices, such as “monkey” and “shadow,” are harder to explain.
Cory Doctorow thinks that online passwords are an endangered species.