Defend Your Data with Strong Passwords
Posted on January 6, 2015 in Online Banking
The threats to security are changing every day. What can you do to protect your information? Create strong passwords, manage passwords carefully and change them periodically.
The average password is six characters and all lowercase letters
The time it takes for an expert hacker to crack an average password
WEAK PASSWORDS, SAME PASSWORDS INCREASE RISK
- 73 percent of people use the same password for multiple websites
- 33 percent of people use the same password for every site
- 32 percent of people change their passwords less than once a year (or never!)
- 35 percent of people reported having security issues with their computers and passwords
STRONG PASSWORDS REDUCE RISK
Strong passwords include a mix of numbers, special characters, uppercase and lowercase letters.
- Try special characters and numbers in place of letters: $p@c3$h1P instead of spaceship
- A passphrase can help you remember a difficult password: “I love pizza with sausage, pepperoni, garlic and onion” = 1Lpw$Pg&0
- Don’t use easily guessed information: family names, pets’ names, birthdays, sports teams and street addresses
- Don’t use words in the dictionary
- Don’t use common keystrokes
Avoid weak passwords
Memorize passwords and/or record them in a safe place
- Don’t keep a list of passwords in plain sight
- Don’t save passwords in a text document on your computer or on your phone
- Do create different passwords for each of your accounts
- Do change passwords several times a year
Changing your passwords takes some extra effort, but it’s worth it to protect your financial and personal information. Log on to your accounts to reset your passwords, and sleep better tonight!
Visit Chemical Bank’s Security Center at ChemicalBankMI.com/security-center/ for additional guidance on safe computing, reporting fraud and other resources related to protecting your personal and financial information.
Sources: http://blog.instantcheckmate.com/is-your-passwordreally-protecting-you/, http://www.csid.com/wp-content/uploads/2012/09/CS_PasswordSurvey_FullReport_FINAL.pdf, http://splashdata.com/press/worstpasswords2013.htm