If anyone needed another reason to be wary of using solely passwords to protect their accounts, the recent report of the Russian cybercrime team that stole 1.2 billion usernames and passwords from 420,000 websites is that reason. It makes you wonder, 1.2 Billion Login Details Stolen. Time To Retire The Password?
Although the attackers have not sold much of the stolen data, because of our propensity for password reuse the risk is there to cause significant personal damage, fraud, and outright theft.
One of the best ways to protect your online accounts is through a second factor of authentication - that way even if your password is compromised your account is still protected. Below are some tips to protect your online data:
- Use strong, unique passwords and never reuse them across other online accounts.
- Activate two-factor authentication on websites that provide it. Symantec’s Validation and ID Protection (VIP) Service lets businesses implement both two-factor and risk-based token-less authentication.
- Consider using a password manager, such as Norton Identity Safe, which safely stores different passwords for online services.
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