7 Quick Tips to Create Secure Passwords for Your Business

 
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Did you know a strong password is one of the simplest yet most effective ways to protect your data from security threats?

Passwords are the gateway to everything from your network of customers and business partners to your banking and payment services.

And as business owners, passwords are the first line-of-defense for protecting your and your customers' data.

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There are many strategies cybercriminals use to gain access to your financial, email, and social accounts. These tactics include buying your information on the dark web, phishing, and using automated software to crack combinations of letters, symbols, numbers, and commonly used words.

The first step to avoid cyber attacks and keep your information secure is to create strong passwords.

Not sure what makes for a strong password? No problem. We've created a few guidelines to help you build safer passwords.

  1. To make it strong, make it long. Make sure your password has a minimum of 12 characters and use a combination of numbers, symbols, capital, and lowercase letters. Don't forget emoticons, such as :) and :0. You have an entire keyboard of characters to use, so don't be afraid to get creative.

  2. Stay away from common dictionary words. Choose memorable phrases inserting shortcuts or acronyms instead. For instance, "I do not like green eggs and ham, said Sam I am," could become "Idnlge&h,sSIa." You can take it a step farther and customize one of your passwords for specific sites too:

    • Idnlge&h,sSIaAcct.-Fb (Facebook Account)

    • Idnlge&h,sSIaAcct.-Amz ( Amazon Account)

  3. Use a password manager. You may record your current passwords in a designated notebook you slip into a desk drawer or on an online or offline document you access quickly from your desktop. That's unnecessary and, honestly, unwise. Instead, use an online password manager. There are many password manager apps available that store your passwords in one convenient, secure location.

  4. Use Two-Factor Authentication (2FA)- When using 2FA, you can choose 2 out 3 types of identification:

    • Password or Pin Number.

    • A tangible item - like the last 4 digits of a credit card or a mobile device - where you can receive a code from the company to verify your identity.

    • Fingerprint or Voiceprint.

  5. Change passwords regularly - If you're like many of us, it feels super convenient to re-use passwords, but that convenience may cost you. Using the same password on multiple sites makes you an easy target for professional hackers.

  6. Keep It Impersonal - Your personal information like a family member's birthday, the last four of your social security number, a pet name, or a childhood address should never be used when choosing passwords. We know they are easier to remember, but again, if it's easier for you - it's also easier for hackers.

The more intentional you are when creating your passwords, the more secure your data will be.

Taking the extra time and effort upfront can save you from a security nightmare later. You know what they say, "The best defense is a good offense."  

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