You Use the Same Password for Everything?

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According to Ofcom’s “Adults’ Media Use and Attitudes Report 2013”, 55 per cent of the 1,805 adults polled in the United Kingdom used the same password for most – if not all – of their website accounts. They use the same password their online banking, Facebook, Tumblr, online shopping, and well … everything else!

Why Using One Password is Bad

Yes, it certainly is easier to just use one password. It’ll get you into your bank account, Facebook, and everywhere else you go online. However, there are some major drawbacks.

While it is convenient having one key – the same password – to open all of your accounts, it also means that in the wrong hands it is the key to your digital kingdom. If hackers and cybercriminals swipe your one and only password, they can access your bank account, credit card account, and personal information from social networking sites such as Facebook and Twitter. Personal information can be used for identity theft and other fraud attempts.

Cybercriminals and hackers know that if you use a password for a social networking sites or websites with little security, you might also use it on banking and other more secure websites. There have been news reports about how websites like LinkedIn, Yahoo and Twitter have been compromised and passwords stolen. If it happened to these major websites, passwords certainly have been swiped from smaller websites as well. If these passwords give criminals access to all of your accounts, they could come away with money, ammunition for fraud, and confidential info.

Don’t Use the Same Password for Everything

Make sure you are using unique, strong passwords for each account. It may seem like a hassle, but it is the easiest and best way to secure your accounts and personal information against cybercriminals. If you have problems remembering a lot of passwords, try using a password manager. With a password manager, you only need to remember one password – the one you need to log in.

To test the strength of your current passwords, try our Password Strength Checker! It will let you know if it’s time to step up your password game.

If creating individual, strong passwords seems taxing or time-consuming to you, try our Password Generator. You can choose which characters to include in the password, as well as the length.

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November 4, 2014 / By: