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Consumer Law

: Caveat Emptor

Don?t Be Promiscuous with Your Passwords

By Sam Glover

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According to a study by Trusteer, a security firm, 73% of internet users use the same password for online banking and other sites. This is not a good idea.

If you use the same password to access multiple accounts, so can an identity thief. I recommend generating long, complex random passwords for your bank accounts, and keep track of them using KeePass, a free password safe. Use a unique password for KeePass–for example, a long sentence in which you replace all the As with @s and all the Os with 0.

Study: 73% use bank password everywhere | The Red Tape Chronicles

(photo: Whiskeygonebad)

Full post as published by Caveat Emptor on February 04, 2010 (boomark / email).

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