05/03/2018: World Password Day 2018
Happy World Password Day!
The first Thursday in May every year has been declared World Password Day – A day to promote good online security habits!
Good online security habits are something that The Peoples State Bank takes very seriously. While we make it a priority to protect your personal information, identity theft is the world’s fastest growing crime, which means we can’t do it alone. We need your help to adequately protect your information! Whether it’s your online bank account, your email, or your social media – Your password is your first line of digital defense.
Here are our
Top 5 Password Tips
to keep your online accounts secure
Tip #1 – Make Your Passwords Strong
Strong passwords should have minimum of 12 characters, but the longer the better! Instead of password, think passphrase. Use a good mix of uppercase letters and lowercase letters and include numbers and special characters. Resist the urge to include personal information such as your middle name or birthday, even the name of your high school.
Tip #2 – Change Your Passwords Regularly
If you’ve had the same password for the last 10 years, it is time to change it! Passwords should be changed frequently, once a year at least, to add another layer of security to your online accounts. For your accounts at The Peoples State Bank, you can change your online and mobile banking password right inside the app!
Tip #3 – Use A Unique Password For Every Account
Using the same password, no matter how strong it may be, on all of your accounts puts you at risk. An online hacker to acquire access to everything your name is attached to. This could include, but is not limited to, your social media, your email, and your online bank account.
Tip #4 – Get A Password Manager
If remembering your passwords is your biggest hurdle, look for a password manager to help. Password managers can help you store multiple passwords, usually in an encrypted manner, for easy access. Some require one master password with additional layers of authentications to access the rest of your stored passwords.
Tip #5 – Use Multi-Factor Authentication
Speaking of adding another layer of authentication to your passwords, multi-factor authentication (MFA) does just that. It adds another layer of security to your accounts on top of your password. For example, at The Peoples State Bank we ask you to answer a security question before logging onto your Online Banking. Our mobile app offers One Touch Verification, which uses your fingerprint to access your accounts on your mobile device. Many of the world’s largest websites and apps have made MFA readily available from the security settings on your online accounts, but it’s up to you to turn on this free feature.
We encourage everyone to take today, World Password Day, and change your password, do your research, and consider turning on multi-factor authentication for your online accounts. Use these tips to practice good online security habits and protect yourself and your accounts.