Recently, one of the largest social media sites, LinkedIn, was hacked and 6.5 million member passwords were stolen. This incident highlights the security threat each of us face in the online world we live in today. This breach also revealed the need for each of us to take precautions with the selection of the passwords we create to access all of our different online accounts. The top stolen passwords from LinkedIn include: link, 1234, work, god, job, 12345, angel, the, love and sex.
Unfortunately, many people have a habit of using the same or very similar passwords for all of their online accounts. This seems like the easiest way to manage online accounts, and it is. However, if your password is compromised, it can be one of the most costly mistakes you could ever make. Imagine someone having access to your bank accounts, retirement accounts, social media sites, work account, e-mail accounts and the myriad of other accounts you access every day.
There are several precautions you can take to reduce your online risk and mitigate the outcome if one of your accounts is compromised:
#1. Create different and secure passwords for each of your online accounts. This may seem obvious, yet there are many people who do not engage in this practice. If you have a separate password for each account and one of your accounts is compromised, the risk of someone being able to use that information to access your other accounts is minimal.
#2. Create stronger passwords with more than eight characters. This simple step makes it more difficult for someone to use a program to try and crack the password.
#3. Use a password that is generated from a passphrase. What is a passphrase you may ask? A passphrase is a simple sentence that you use to design a shortened password. You may substitute different characters for some of the letters. Here is an example: I love to be outside at 8 and here is what it might look like: !luv2beout@8!
Although there are plenty of individuals bent on and programs designed to steal your passwords, you can reduce your risk significantly and mitigate the outcome if you follow these simple steps.
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