World Password Day: Experts Share Best Practices to Keep Data Protected | | Cyber Defense Magazine | | |, May 6, 2021, by

In Part 2 of our coverage on World Password Day, we spoke to industry leaders and analysts on the growing concern around enterprise security, data protection and WFH policies.

In our digitally-centered world, we’re required to have passwords to hundreds of different accounts for everything from email to bank accounts to applications we use for our jobs and even the apps that control our robot vacuums. In an ideal world, we would create unique and random passwords for each of these accounts, but oftentimes, this critical security step is ignored.

While it’s much easier to use and remember a password like “Fluffycat123,” these kind of easily guessable passwords leave yourself open to serious security threats–especially when the password is used for multiple online accounts. In honor of World Password Day today, we spoke with nine cybersecurity experts to get their insight on the importance of password security and how to create the strongest password.

“The demand for better authentication solutions for employees, particularly passwordless authentication, is greater than ever and with this exciting partnership we give our global corporate clientele an even wider selection of authentication options to complement our Passwordless Enterprise platform,” says Raz Rafaeli, Co-founder and CEO of Secret Double Octopus.

Tips on Protecting your Online Data

Glenn Veil, VP, engineering, Wisetail

“Passwords play a critical, ongoing role in different aspects of our lives. In our personal lives, they provide a layer of defense against fraud and identity theft. In the workplace, they defend us against a breach of sensitive company or customer data. At Wisetail, we implement policies, standards, and guidelines around credential security, but the key is to create awareness and sensitivity in our employees through education and training.

Here are some tips we recommend to protect yourself and your business from cyberattacks:

  1. Educate your people on the importance of credential security and provide them with the tools to protect credentials
  2. Create an environment where your people are comfortable highlighting security issues or cases where practices are not being followed so you can continue to improve your credential security
  3. Utilize multi-factor authentication to reduce the damage that can be done by weak or exploited passwords
  4. According to NIST’s 2021 security recommendations, it’s important to keep your passwords long but not too complex. Theoretically, if the password is long enough, the chance of a hacker figuring out the correct sequence is low.

Follow these best practices beyond World Password Day, and your entire team will play a part in creating obstacles for digital adversaries and protecting your data.”

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