However, for the U.S, the average cost was the highest worldwide at $8.64 million 3. Internationally, the average cost of a data breach in 2020 for businesses was $3.86 million, according to IBM.For businesses, hackers can start disinformation campaigns against companies, sharing their data with competitors and storing it for a ransom 1.Ĭompromised passwords caused 80 percent of all data breaches in 2019 2, resulting in financial losses for both businesses and consumers.Identity theft can result in further financial losses or difficulty getting loans or employment. They will use this information either to steal money from the user directly or to steal their identity. After gaining access to a user’s credentials, many hackers will log into their accounts to steal more of their personally identifiable information (PII) like their names, addresses, and bank account information.Not having secure passwords has its consequences, which include but are not limited to: A password shouldn’t be the word “password” or the same letter or number repeated.A password shouldn’t contain any consecutive letters or numbers. It’s also best not to include any information that can be accessed on social media like kids’ or pets’ names. A password shouldn’t include any of the user’s personal information like their address or phone number.A password shouldn’t be shared with any other account.A password should include a combination of letters, numbers, and characters.A password should be 16 characters or more our password-related research has found that 45 percent of Americans use passwords of eight characters or less, which are not as secure as longer passwords.The best practices for creating secure passwords are: Pro Tip: Wondering how you’re going to keep track of all your passwords? The easiest and safest way to manage strong and unique passwords for every account is to use a secure password manager, like Bitwarden.Pro Tip: We recently rolled out a new password generator tool that will help you create super secure passwords in a snap! How To Create Secure Passwords The good news is that a strong password generator does the work for you by automatically creating strong passwords that are strong, unique, and difficult to crack. This is risky because hackers leverage public information about you on social media or other sites to attempt to brute force their way into your private accounts, so it’s important to ensure your passwords do not contain any personal information. The problem is, even if you’re designing your password to be long and complex, most people will still resort to easy-to-remember characters or patterns, like your birthday or pet’s name. You’re feeling good about yourself – after all, no one could possibly guess that password! But are you sure the password is strong enough to safeguard your private information? You ponder a moment and type in a password that meets those rules. We all know the drill of setting up an account on a new website-being asked to create a password, and then making sure to include both upper- and lowercase letters and numbers, as well as a special character or two (or three or four).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |