The protection of your accounts and sensitive data depends largely on the management of your passwords. A strong password is difficult to guess, and can prevent unauthorized access.
Why is good password management essential?
- Protect sensitive information: Passwords secure access to your personal and business accounts. A weak or reused password can be easily recognized, giving access to confidential information.
- Reduce the risk of data breaches: Data breaches, such as a theft of personal data, a phishing attack or a data leak due to human error can have financial repercussions or damage your company’s reputation. They can cause cascading damage to many facets of a business.
- Regulatory compliance: Data protection isn’t just good practice, it’s also a legal requirement. For example, Law 25 requires companies to use security measures, to protect data and reinforce individuals’ rights over their personal informations.
Best practices for password management
- Use complex, unique passwords: Create long passwords, including upper- and lower-case letters, numbers and symbols. We recommend using each password only once. You can also create short phrases to help you remember your passwords easily, for example, Carsarerolling2024!
- Enable multi-factor authentication (MFA): Multi-factor authentication adds an extra layer of security. It requires not only a password, but also more than two forms of verification, such as a code sent to your phone or an access key, making it even harder for attackers to access your accounts.
- Use password managers:Tools like LastPass, Dashlane or Bitwarden are invaluable for securing your passwords. They can generate strong passwords, store them securely and automatically fill in login fields.
By adopting these best practices and using the appropriate tools, you can considerably strengthen the security of your accounts and protect your sensitive information against growing threats.