Thursday 6 March 2014

Keep your accounts out of the wrong hands - Passwords are the key to your account security



Accounts for online banking, shopping, email...we all have so many that it can be hard to keep track of them and more importantly, keep them secure. Here are four tips from the experts on how to stop your account information being found and traded or sold online. Treat your passwords like your toothbrush – never let anyone else use it, and change it at least every three months.
1. Avoid the obvious - Research suggests that 20 per cent of us use the name of a pet as our password. Avoid using memorable words like these, especially any that may already be visible on social networks or that you have used before.
2. Find the right combination - Try to keep your passwords at least eight characters in length - ten or more is best and use numbers, upper case, lower case and symbols. The longer and more complex the password, the harder it is to crack.
3. Find a system - Having a unique password for all your accounts can be challenging but a useful approach can be to base passwords on lyrics of your favourite songs or lines from films.
4. Keep an eye on your credit report - It's like your financial CV and can highlight any irregularities such as people applying for loans or cards in your name.

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