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{Press Release} SBS Issues World Password Day Reminder

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FOR IMMEDIATE RELEASE: May 3, 2022

SBS CyberSecurity issues World Password Day reminder: Update security for online accounts to thwart ID thieves, scammers

 

Madison, S.D. (May 3, 2022) – Almost every adult in the United States will need a password for account security at some point in their lifetime. By some estimates, 28% of internet users have between 11 and 25 password-protected accounts. Thursday, May 5th is also World Password Day and SBS CyberSecurity wants to encourage everyone to take steps to beef up security by reviewing and changing passwords if needed.


“Though most companies that offer online services now make it almost impossible to use things like ‘Password’ or ‘123456’ – two of the most common and easily hacked choices – many people do still have weak password protection,” said Chad Knutson, SBS CyberSecurity President. “There’s no indication that cyberattacks will decrease and more and more people are handling business online, so it’s important that we safeguard our information with strong, complex passwords.” 


SBS CyberSecurity recommends following these tips when considering password protection:

  • Create passphrases instead of passwords. Individual words, even with slight variations, are easy to guess, but a series of words in a passphrase make them more secure. 
  • Consider making the passphrase or password longer than the minimum limit. Longer passphrases are harder to break. 
  • Don’t use the same password for multiple systems, websites, or accounts. 
  • Don’t use single words that can be found in the dictionary of any language. Password-cracking tools often come with dictionary lists that can try thousands of common words. 
  • Don’t use passwords that include personal information that could be easily accessed or guessed. This includes your birth date, your social security or phone number, or names of family members or pets. 
  • If you need help managing your passwords, do not store your list of passwords in a plain text file on your computer. Instead, there are several third-party programs that can help you stay secure, including LastPass, DashLane, 1Password, Roboform, PasswordSafe, or Keepass. 
  • If available, use multi-factor authentication. 


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Download the Stronger Passwords, Stronger Security tip sheet to learn more.


 

About SBS CyberSecurity

SBS CyberSecurity helps business leaders identify and understand cybersecurity risks to make more informed and proactive business decisions. Since 2004, SBS has been dedicated to assisting organizations with the implementation of valuable risk management programs and

mitigating cybersecurity risks. SBS provides turnkey offerings tailored to each client’s needs, including risk management solutions, network security, consulting, auditing, and education. The company has worked with thousands of organizations globally, including financial institutions ranging in asset size from $12 million to over $130 billion.SBS delivers unique, turnkey solutions tailored to each client’s needs, including risk management solutions, auditing and education. For more information, visit sbscyber.com.


Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.

Posted: Tuesday, May 3, 2022
Categories: Blog, In the News