4 Steps to Protect Your Business From Password Attacks
Poor password hygiene is one of the most severe threats facing small businesses. Safeguarding your organization’s online assets is critical in today’s digital world. Are your employees’ poor password hygiene practices leaving your business exposed to a data breach? Here are 4 steps to protect your business from password attacks.
Cybercriminals are always on the lookout for innovative methods to penetrate company networks. Unfortunately, they frequently succeed thanks to weak passwords. As a result, small companies like yours must take password security seriously and implement strict password rules. Nearly 50% of cyberattacks in 2021 were related to passwords (Verizon DBIR 2022).
Before diving into my four steps, here is a bonus step. There are specific passwords that you should never use. The top 10 never-to-be-used passwords from the dark web are:
Password best practices
Cybercriminals want what every criminal wants, and that’s your information. They’re targeting your online accounts making having a strong password policy will help protect you and your company from cyber-attacks. Follow these guidelines to ramp up your organization’s password security significantly.
Use a password manager
Password managers help you and enforce good password hygiene for your entire team. By creating and storing strong passwords for each of your online accounts, a password manager keeps track of them so that they’re unique for every account – making it easier and more secure to share passwords with those who need them.
Turn on SSO
The single sign-on solution is an easy way to access all your favorite apps with one set of credentials. This implies you only need to remember one password to access all of your online accounts. While SSO is convenient, keep in mind that your accounts’ security depends on the SSO password alone. So, if you’re using SSO, create a secure and unique password for it.
Avoid reusing passwords on multiple accounts
If a hacker gets access to one of your accounts, they will most likely use the same password to access all your other accounts. Therefore, you can limit the damage a hacker can do by using different account passwords. However, instead of writing down passwords on paper, utilize a safe option, such as using an effective password manager.
Make use of two-factor authentication (2FA)
Two-factor authentication (2FA) is one of the most foolproof ways to protect your online accounts. In addition to a password, 2FA requires a secondary code displayed on your phone or another device.
Even if someone has your password, it will make it nearly impossible for them to hack into any of your accounts without the code. Although 2FA isn’t perfect, it’s much more robust than relying on only a password, and we recommend that you begin using it asap if you haven’t already done so. If you use 2FA, ensure each account has a unique code that couldn’t be guessed easily by anyone trying to break in.
Don’t use the information available on your social media
Many people use social media to connect with friends and family, stay up to date on current events, or share their ideas and experiences with others. On the other hand, social media may be a tool for criminals to acquire crucial personal information. When creating passwords, avoid using information freely available on your social networking sites. This includes your name, birth date, and other personal data that identity thieves might use to guess your password. You can help secure your accounts by avoiding using this information.
How Can an IT service provider help you?
You might be unable to devote enough time and effort to combat sophisticated cyberattacks. However, we can guarantee that your team develops strong passwords, keeps them safe, and changes them regularly as an IT service provider. Schedule a no-obligation consultation with us today to find out how we may assist you in avoiding poor password hygiene.
Now that you know how to keep your passwords safe, download our infographic by clicking here to learn how to keep your email inbox safe.