There are lessons to be learned from the indictment of the Russian hackers in the Yahoo data breach. One is the value of using different passwords for each and every login that you use!
You see, once access was gained to many of the 500 million accounts these hackers breached, it became easy for them to simply log into other email and even financial accounts. Did they use high-tech devices or sophisticated hacker tools? Nope…they just used the same logins from Yahoo.
Speaking from experience, it is very common for people to use the exact same login credentials for multiple accounts. In fact, anywhere from 30 to 50% of the population reuse passwords. In many cases, the same user name and password is used on nearly every site!
With the average user needing 27 passwords, we understand why. Convenience and even just being able to remember are strong motivations for registering on websites with the same credentials over and over again.
One solution to this problem is to use a good password manager. Used properly, you can then store even the most random and obscure (plus hopefully long) combinations of characters. Of course, the problem would then be that hackers getting into the database for your password manager can then access everything stored in it. Other past vulnerabilities have also exploited weaknesses in password managers through hacked websites.
A better solution would be to use multifactor authentication. (Two-factor authentication can be similar or synonymous to the same method, depending who you speak to. We just like what multi implies!) What’s important is that you add another layer on top of passwords! Many sites support the use of codes sent by text message, but the use of an authenticator app is more secure. In fact, if used properly, multifactor authentication is even more effective than any password that you use!
At Banshee Cloud, we set up clients with various configurations of secure password management and multifactor authentication, based on their security requirements and the applications and sites that they use. If you’re interested, contact us and we’d be happy to find what’s best and most secure for you!
But no matter what you do…make sure you’re different passwords for everything! And use multifactor authentication as much as possible!