Cybersecurity Step-by-Step #4: Use Unique Passwords

 

Your financial well-being is our highest priority, and one of our goals for 2018 is to walk you through the necessary steps to protect your online data. We can imagine that although you would rather do almost anything else, you are as concerned as we are about keeping your data safe. To make it more manageable, we are sending you one new action item every month. If you missed the previous steps, we have listed them below with a link to the detail so that you can easily catch up.

Step Four:  Use unique passwords on every site (and try a password manager)

Why?  The technology to hack and crack passwords has advanced and if you are using the same password for multiple sites, it could become the keys to your kingdom.

We hate them too, but until the need for passwords is replaced for good, we all have to dedicate precious time and memory to this security hassle. And to make matters worse, websites are requiring even longer and more complicated passwords, making them nearly impossible to remember.

Well, we have a solution! Consider using a password manager. They are relatively easy to use and a significant timesaver. We are familiar with Dashlane, LastPass and Keychain Access (for Macs), but there are several others that are highly rated.  Follow this link to a Consumer Reports article that provides everything you need to know about password managers.

Visit this link for more information about why strong, unique passwords matter.

List of Previous Steps:

Step One: Place a freeze on your credit history at the top three credit agencies.

Step Two: Update the operating software on your computers, tablets and smartphones, and continue to update as new patches become available.

Step Three: File your tax returns as early as possible.

Diane Bourdo, CFP®
Diane Bourdo, CFP®

Diane Bourdo is the President of The Humphreys Group. Diane has dedicated her life’s work to helping women make smart financial decisions. For nearly 30 years, she has developed investment management and financial planning strategies that allow her clients to create lives that reflect their values. Diane was named an InvestmentNews 2020 Women to Watch and has been recognized in Forbes, SF Chronicle, NY Times and more for her work and writing.

Diane Bourdo, CFP®
Diane Bourdo, CFP®

Diane Bourdo is the President of The Humphreys Group. Diane has dedicated her life’s work to helping women make smart financial decisions. For nearly 30 years, she has developed investment management and financial planning strategies that allow her clients to create lives that reflect their values. Diane was named an InvestmentNews 2020 Women to Watch and has been recognized in Forbes, SF Chronicle, NY Times and more for her work and writing.

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