Why Password Security Matters

Passwords are one of the most important tools for keeping your personal and financial information safe. Using weak or reused passwords can leave your accounts vulnerable to cyberattacks. To protect your accounts, it's critical to have strong, unique passwords and change them regularly.

Never Use the Same Password for Multiple Accounts: Why You Need Different Passwords

Using the same password for multiple accounts can be dangerous. If one account gets hacked, a cybercriminal could gain access to all your other accounts. To prevent this, make sure each of your accounts—especially your banking, email, and social media—has its own unique password.

Best Practices for Strong Passwords

  1. Use Strong Passwords: Include a mix of uppercase and lowercase letters, numbers, and symbols. Avoid using common words or personal details like your name or birthdate.
  2. Use a Password Manager: A password manager can securely store your passwords and create strong, random ones for each account, making it easier to manage.
  3. Change Passwords Regularly: Update your important passwords—like for Online Banking or email—every 3-6 months to keep them secure.
  4. Enable Two-Factor Authentication (2FA): Whenever possible, use 2FA for an added layer of security. This ensures that even if someone has your password, they can’t access your account without a second verification step. Be sure to never share your 2FA code with anyone. 

Following these simple steps will greatly reduce your risk of being hacked. For more security tips, feel free to read our blog!  We're here to help keep your information safe.

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(October 2024)