Debunking 5 Password Myths that Enterprises Believe
When used correctly, passwords can be extremely successful. Businesses must cultivate a strong password habit while avoiding password myths.
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What are the goals of web security? Well, their primary goal is to protect data through various authentication methods — passwords being one of them.
But are passwords really safe?
Presently, many online users consider that passwords are no longer strong and secure enough to protect their data against online breaches.
According to a Breach Level Index report, more than 6 million online email address records and data get compromised or stolen every day on the web, and only 4 percent of the data breaches are considered secure. Secured here implies the data was encrypted and imposters could not take into usage.
Right after looking at such data and listening to various password myths, online users may feel that it has become impossible to protect their data and privacy online. However, this is not the case every time.
Passwords can be extremely effective when used correctly. Businesses need to develop a healthy password habit without paying heed to any password myths.
While creating a good password that is also strong and more secure is important for safeguarding your online security, it is equally essential to comprehend some common password protection myths.
Mentioned below are the five biggest password myths and tips on how to build combinations that would be hard to crack:
1. The Era of Passwords Is Over
One of the biggest password myths that people nowadays hold in their minds is that the era of passwords is over. The main reason why people feel this way is because there are various other modes of authentication like biometrics, certification-based authentication, face recognition and many more.
While the possibility of using alternative authentication methods is high, it will take a lot of time before passwords become a thing of the past. The reason is simple: people don’t trust biometrics or feel they are too intrusive.
Despite the cyberattacks against passwords, most online users are still in favor of creating stronger passwords to ensure online security. Until website and software vendors and end-users reach a consensus about opting for alternative authentication methods, passwords are here to stay.
2. Passwords Can Never Be Substituted
While passwords hold a prominent place in online security, it does not necessarily mean that they can never be substituted. Due to advanced technologies and superior cybercriminal tactics, there is a need for some high-level authentication. Moreover, web and social media data these days are more sensitive and call for a more secure authentication system.
There are several leading organizations in the world like Microsoft that use encrypted vaults to protect their data. Apart from this, numerous organizations employ other options like face recognition, security key, and fingerprint scanner to level their data security.
3. Password Problems Can Be Solved by Password Managers
Another common myth held by online users is that password managers have solved the problem posed by passwords. These can be a good alternative if users cannot remember their credentials. Besides, users won’t need to change their passwords frequently if they employ a password manager. An email password manager can, especially, prevent multiple password resets.
While password managers can protect your online data and reduce the need to memorize your passwords, very few people actually use it. According to a Pew research center report, more than 86 percent of online users favor memorizing their passwords instead of using a centralized password manager. Ten percent of users write the password down, and only 4 percent depend on the password managers.
4. Users Will Always Choose the Right Password
Many users think that if they make a strong password, they can use it on multiple platforms, and their data will remain secure. However, this is the biggest password myth that people believe.
Furthermore, several people think password changes improve online security. In this course, they end up creating a lot of passwords and reuse them on different work and personal accounts. However, doing this can quickly put their personal and the organization’s security at threat.
5. User Unawareness Is the Problem
User unawareness is among the common password security myths that are widespread among users. However, it is a fact that 90 percent of online users are well aware of the repercussions that weak passwords hold on their data security.
Even after knowing this, one of the most common password myths that users believe is that variations of the same password and reusing them can help. They do so out of fear of forgetting passwords.
Apart from this, many enterprises mishandle passwords or leave their passcodes in an unencrypted database.
Here’s What You Should Do:
1. Use Unique and Long Passwords on Every Website
If you are looking for hard-to-crack password combinations, then you must always try to create a long and unique password with a combination of letters, numbers, and special characters on all your web accounts. Doing this can surely protect your online security to a great extent.
2. The Length of The Password Is More Essential than Its Complexity
Many people feel that creating short complex passwords is better than creating a long password. However, this approach is not right, as a long password is considered harder to crack than the shorter ones, even if the latter are more complex.
3. Always Create Fresh Passwords as Updating Old Ones Will Not Work
It is advisable always to create fresh passwords for all your online accounts and never update the previous ones, as employing this practice can be the biggest threat to you and your enterprise's data.
4. Try to Use a Two-Factor Authentication Wherever Possible
Using two-factor authentication can always add an extra layer of security to your enterprise and personal data. Hence it is suggested that you use two-factor authentication wherever you can to make your passwords hard to crack and steer clear from any password myths.
5. Ensure that You Save Your Unique Passwords as Major Businesses Can Leak Your Data Too
To make your passwords hard to crack, you must always save your unique passwords, too, as numerous big password security companies can also leak your data. There are many instances where companies have shared personal data to third-party websites for marketing purposes, which was later on misused.
6. Biometrics and Secure Passwords Can Be Used in Tandem
Apart from creating a strong password, you must also ensure that you employ some other authentication methods like biometric to secure your online data and prevent them from more technologically advanced cyber attacks.
7. Do More than The Specifications of Your Average Password Checker
There are various password generators and password checking platforms available online that can tell you whether your password is strong enough. However, rather than entirely relying on these platforms, you must include more specifications in your password to make it hard to crack.
Password security is one of the biggest concerns that enterprises face these days. Users and enterprises both make the mistake of creating weak passwords even when they know its repercussions. However, both parties need to embrace a policy-based approach rather than leaving passwords entirely on the users or believing in any password myths. It is advised to create strong passwords even if you employ other authentication methods.
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