In this day and age of ever growing utilisation of, and reliance upon, digital platforms and apps our digital footprint can only grow. As a result of this, it becomes more and more important that we all practice good password hygiene. A secure password significantly reduces the risk of unauthorised access to our accounts and devices, keeping our personal information secure. If you, or your business, have lax password protocols (such as password recycling or using simple passwords) your risk of being hacked is greatly increased.
There can be significant consequences when not following good password hygiene; if your personal data, emails, financial account information and other details fall into the hands of bad actors you can be put at risk of identity theft, which can have significant and long-lasting repercussions. By using a strong, regularly updated password you can significantly reduce the risk of becoming victim to bad actors.
Cyber security has been a hot topic for some time now, and this will continue to be the case for the foreseeable future. One of the most straightforward ways for a bad actor to gain access to your information is to guess what your password is (especially simple if you use a very common password).
Other methods bad actors may use include
There are numerous ways to defend yourself and your business against password security threats. If you are guilty of using 12345, qwerty, london, or even recycling some of your passwords across platforms (or by simply adding a different number at the end), read some of our recommendations on creating a strong password. Below are some tips to aid you in safeguarding your personal information.
With all of the above do's and don'ts it can seem overwhelming to cope with all ofthis, especially with the growing volume of apps and services that we use. Using a reputable password manager can make securely managing your passwords much easier, especially as many of them also include functionality to generate secure passwords, and also they will alert you if you are using duplicate passwords across your accounts.
The information contained in this article is provided for informational purposes only and does not constitute professional advice and is not guaranteed to be accurate, complete, reliable, current or error-free.
The information contained in this article is provided by White Blue Ocean, part of CRIF Group, a global company specializing in credit & business information systems, analytics, outsourcing and processing services, as well as advanced digital solutions for business development and open banking.
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