All right be honest with me. You’re still creating passwords on your online accounts that use your dog’s name or your kids’ birthdates or your high school sweetheart. You know better, but you still do it. Well, there’s an easy way to create simple passwords that are easy to remember and I’m going to show you how.
I’m John Sileo and this is Sileo on Security. Most bank, investment, email and Facebook accounts get hacked because of weak passwords. These criminals have software that will try a million different combinations a second to guess your password. It’s called a brute force attack and the way to prevent it is to take these three steps to protect and build strong passwords.
First of all, your passwords need to be long. I’d recommend they’re at least 15 characters. Second, they need to be strong. That means that you need to use numbers and letters and characters and even spaces to make them harder to guess. And finally, the most important step of all is it’s got to be memorable. That’s our problem. We have so many passwords across so many sites. We need to make them simple so we can remember them.
So here’s the technique you can use. Associate the name of, for example, a bank with your password. If you bank at Wells Fargo, maybe it’s a line from an Orson Welles movie. Maybe it’s ro5ebud_ThE_sleD. Or maybe it’s something from Fargo, maybe something about a wood chipper. The crazier that it is the easier it will be for you to remember.
So in this episode I want to simplify the One Minute Mission. I want you to simply go change your passwords on all of your financial sites. Not on every website, that will be the next step, but just on your financial websites. I want you to make them long and strong and something that you can remember. If you want to take it even one step further, research password protection software, which we’re going to talk about in a future episode. But for right now I just want you to go and create those long, strong and memorable passwords for your financial websites. We’ll see you back here next time on Sileo on Security.