Identity Theft and Fraud

World Password Day is May 2

May 2, 2019

It seems there is a password or passcode for everything – your computer, tablet, and cellphone; your online shopping carts and apps; your numerous email and social media accounts. You even need a password to enroll your kids in summer camp!  Between home and work, a person could have dozens to hundreds of passwords or passcodes. What better time to visit the world of passwords than on World Password Day.

Password Managers Are Your Friend

Nothing ruins my day more than a multi-factor, long, and totally random password.  A growing number of people are switching to password vaults and two-factor authentication and its seriously ruining all the fun. – Anonymous

The quote above is from an actual anonymous hacker. Who doesn’t like thwarting the bad guy and ruining their day? Password managers, or vaults, like LastPass and Dashlane do a great job of helping users manage their passwords and generating ultra-secure complex passwords.

Using a Password Manager

To summarize this easy-to-follow YouTube video from The Verge, Password Managers are programs that either live in the cloud, or on your computer and store all of your passwords in a protected vault so you don’t forget them. They allow you to use a completely different password for every website, so if one website gets hacked and your password gets out, you’re still safe because it was a unique password.

The best part about a password manager is you only have to remember one master-password.  You can even use a pass-phrase like: Green0nionsMakeGreatS0up! instead of a single password because they are easy to remember and extra-long.

Two-Factor Authentication

You can even get extra fancy with your security by adding 2fa. Two-Factor Authentication (or 2fa for short), is a way of setting things up so that even if a hacker manages to get your password, they still can’t get into any of your accounts because they don’t have your token.

Click here to learn more about PREMIER’s two-factor authentication for accessing your credit card account.

This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions. 

You Might Also Like