In the world of sign-in and log-in, it has become important

for you to keep your password safe. Keeping your passwords, financial, and other personal information safe and protected from outside intruders has long been a priority of businesses, but it's increasingly critical for consumers and individuals to heed data protection advice and use sound practices to keep their sensitive personal information safe and secure. 

When it comes to cyber security and more specifically, information security, password management is critical in defending your information and organization from cybercriminals. Beyond firewalls, malware protection, VPNs, and other cyber security tools, passwords are often the only thing protecting confidential information like company data, intellectual property, seed phrases, and the private keys of cryptocurrency wallets.

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Of course, there are technologies such as SSO (Single Sign-On) and biometrics, however, these sorts of tools are still typically coupled with a password at some point in their authentication process to ensure a greater level of security. This ultimately means that Information Security is highly dependent on passwords and the secure generation and management of those passwords.

The following tips help you protect your passwords, financial information, and identity online.

  1. Always use a strong and uncrackable password: i.e passwords between 8-20 characters long with symbols, numbers, uppercase, and lowercase letters. All these features will make your password strong, complex and difficult to hack.
  2. Do not use anything too obvious like birthdays, the names of family members, your email address, single words or an obvious succession of numbers as passwords. 
  3. Don't use the same password for more than one account or service. 
  4. Do not write down your password: To keep password safe, avoid storing a password on an online platform or write it on a paper. 
  5. Always log out from your account when you’re sharing a computer. Signing out every time you log in will assure your safety as well as help you in memorizing your password. 
  6. Periodically change your password. 
  7. Remove all data while changing devices. 
  8. Don't share too much information on social networking platforms.
  9. Encrypt and backup your data.
  10. Set your device to automatically lock after a period of inactivity.
  11. Be mindful of the apps you install.
  12. Do not share your financial details on websites that don’t use HTTPS.
  13. Secure your wireless network at your home or business.
  14. Use a Firewall. Firewalls assist in blocking dangerous programs, viruses or spyware before they infiltrate your system.
  15. Take action immediately if hacked. If a password has been breached, stolen, or otherwise compromised, then take quick action to ensure your personal information is protected.

If you can put all of these measures in place, you'll greatly boost the odds that your passwords, financial information and identity will stay safe and protected.