The Simplest Way To Protect Your Organization Against Cybercrime; Password Managers

We are moving towards an age of complete digitization and everything is online. Hackers and intruders are also online, getting smarter and bolder.
According to a recent Gemalto Breach Level Index report, 2.5 BILLION personal records were stolen or compromised in 2017. Compare that to 265 million stolen or compromised in 2008.
This morning I have a news report that 150 million more were stolen because bad guys found an account with a weak password and broke in, stealing personal data. The estimated cost to fix this breach is four million dollars. That doesn’t count the lost revenue or damaged reputation.
I canceled my account and then changed all of my passwords…again.
Businesses need to take security measures to avoid exposing more records. The best way to make an immediate impact is to require all employees to use password managers.

A password manager, like LastPass, is the easiest solution for difficult and unique passwords.Who can remember 193 different 16 character passwords? Not Me! LastPass remembers them all.
If you are notoriously reusing the same passwords, then you are exposing yourself and your business to a security breach. If the bad guys can get into your employee or personal accounts using stolen information, then they’ve opened the door and your network is about to get raided. Don’t make it easy for them and they will move to the next unlocked door.
Why is Password protection important? Passwords are the gateway to your confidential data whether the data is on campus servers or workstations. This data may include employees or student addresses, names, evaluations, payroll, etc. So, it is essential to secure it to keep the information confidential. The first easy task is to use a password manager.
We like LastPass. Generating unique passwords and then autofilling the login form next time you access that site. The only password you have to remember is the password to open the password manager. It’s even easier when you use your fingerprint when you expand it to your smartphone.
Why can’t you use the same Pa55w0rd? Why does this matter? Well, imagine you are a member of websites A, B and C – and you cleverly use the same sneaky Pa$W0rd! on each site. If A suffers from a data leak and their P@$w0rd database is accessed, or if hackers manage to work out your P4$w0rd for A, then the bad guys will not only have access to your A account, but B and C as well! It doesn’t take the smartest hacker to guess that most of your p4SSWord$ are similar.

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The Simplest Way To Protect Your Organization Against Cybercrime; Password Managers