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Working from home is not going anywhere. In fact, research shows that post-pandemic 42% of employees who worked strictly from a company-based location will not return to the office. Do you know how this will impact your business? Learn more about the tools needed to protect your client data and improve employee productivity.
Check out the latest happenings in the world of IT from our Locknet® experts. In this issue, we highlight some topics your organization should be aware of to minimize risks. Specifically, mitigating insider threats to your security and the risks of hanging on to legacy data.
We know that eating healthy and exercising more can help maintain a healthy weight, yet why do so many of us avoid doing it? The same question could be asked of setting up strong passwords.
Many companies are not choosing strong passwords—yet we know they are critical to the protection of both our work and personal data.
A recent study on the psychology of passwords shows that:
Unfortunately, cybercriminals are good at preying on our weaknesses—and small and medium-sized businesses (SMBs) continue to be a leading, and growing, target.
A September 2017 report by the independent Ponemon Institute says, “The risk of a cyberattack is increasing for companies of all sizes and industries when compared to last year. More than 61% of SMBs have been breached in the last 12 months vs 55% in 2016."
Sloppy passwords open doors to cybercriminals. Yet, personality studies show people still tend to choose easy-to-remember passwords. How can the fear of forgetting a password override the fear of getting hacked?
How do users pick passwords? Which passwords, business or personal, do people consider more important?
The psychology study of passwords showed that "Most admit to knowing better, but still implement poor choices and tactics in creating and managing passwords for their digital lives. Knowing the right thing to do and actually doing the right thing are separate discussions when it comes to password habits."
Breaking down the study further, it found that 63% of breaches in 2016 used weak, default, or stolen passwords.
Most of these passwords, 82%, used a combination of letters, numbers, and symbols that were all too familiar like:
Devices like laptops, smartphones, and tablets are connected to our workplaces, banks, vendors, and many other places we interact with day-to-day. A single device can have multiple users, each with its own password.
Having an administrator for multi-user devices is important to manage all the users and make modifications to the software if needed. If that’s not possible, you may want to consider partnering with a security service provider.
One of the latest tips is to think of a phrase you won’t forget like, ‘Do not be late for dinner tonight.’ Your password could look like this, DNbl4d2n. While new options for creating passwords are breaking ground, conventional wisdom still holds:
Outdated corporate policies leave systems open to breaches. Managed security professionals, Homeland Security, and many other experts in the industry give strong and repeated emphasis on the importance of enforcing strong corporate policies.
Windows Server enables best practices by providing for:
Staying current on password best practices takes diligence. The alternative could be a potential breach that takes time and resources to put your business back in the good graces of your customers.
Beyond passwords, there are many more security options that put the “Hackers Not Welcome” sign on your system.
Managed security experts are providing those options, and small to medium size businesses are finding these services are substantially mitigating their risk of breaches.
But, even with the best security in place, a business that does not require strong passwords is putting itself at risk. If you have any questions on how to secure your password policies reach out to a managed security provider to get an outsider’s opinion.
And remember, while strong password requirements are rarely popular amongst employees, they are your last line of defense against hackers. Don’t let your company be an easy target!