I know your password!

Published on

Truth be told, I do not. However, it appears I, and many others, could guess! In previous blogs, I have talked about the importance of protecting your PC from cyber theft and the potential threats of malicious software that steals your password and other critical information to login to financial services sites. But sometimes, technology is not the issue!  

Common passwords

According to Forbes magazine, in December of 2019, a security researcher discovered a treasure trove of more that a billion plain-text passwords in an unsecured online database! The top three passwords? "12345" "123456" and "123456789." Some of the other top ten passwords are the same ones we've all been urged not to use since online living became the norm. This use of very simple passwords make it very easy for hackers to figure out.   

Create strong passwords

Passwords are part of a layered security system. Take a few moments to consider a password unique to you and your ability to remember it. A quick search online can provide multiple resources on how to build a better password.There’s no perfect system that can prevent unauthorized access 100% of the time. You need to be vigilant about protecting your password from those that steal them online or guess it by researching you. To see if your password is secure, run it through this test. Now, let’s talk about challenge questions that can protect your password.  

Challenge questions

Many of the challenge questions offered as part of password security ask you for your favorite color, the name of your high school, your hometown, favorite food, etc. However, many of us post this personal information on Facebook, Twitter, LinkedIn and other social media. Be careful about what you post, and only use challenge questions that are not easily figured out via an online search of your social media profile. Do you have any tips you can share about making sure no one can steal your password?

You may also like

article

A retirement countdown checklist: 5 steps to consider before retirement

Whether you're hoping to retire soon or are just beginning to explore the idea of stepping back from your job, you're probably wondering how to make it happen. Will you have enough money? How will you spend your time? What will you do for health…

article

Identity theft and your taxes

Identity theft is one of the fastest-growing crimes in the United States. According to Consumer Affairs, in a 2022 study, each year, seven to ten percent of the U.S. population are victims of identity fraud, and 21 percent of those are repeat victims…

article

Worried about your financial health? It may be time for a checkup

When was the last time you gave yourself a financial checkup? As the saying goes, there’s no time like the present. This is especially true when it comes to reviewing the current state of your finances and figuring out what you need to do to get – or…

General Disclosures

The opinions and views in this blog post are those of the authors, and are not intended to provide specific advice or recommendations for any individual. Please consult professional advisors with regard to your individual situation.