World Password Day: All you need to know about Password technology, hacking

A security technique known as two-factor authentication (2FA) requires two independent forms of identification in order to gain access to something.

The first factor is a password, and the second is frequently either biometric information such as your fingerprint, face, or retina, or a text message with a code sent to your smartphone.

The Risks of Weak Passwords

Using weak passwords can put your personal and financial information at risk. According to a recent study, over 80% of data breaches are caused by weak or stolen passwords. 

A weak password is one that is easy to guess, such as “123456” or “password.” These passwords are easy for hackers to crack using brute-force attacks, where they try every possible combination of characters until they find the correct one.

Cybercriminals can easily take advantage of weak passwords by using them; they can then sell this information on the dark web or use it to launch other assaults.

Passwords can be readily cracked by hackers using generally accessible techniques if they are short, easy to remember, and (too) frequent.

Phishing is another common attack vector used by hackers to obtain passwords. In a phishing attack, hackers create a fake website that looks like a legitimate one and trick users into entering their login credentials.

These credentials are then stolen by the hackers and used to gain access to the user’s account.

Additionally, a weak password makes it simpler for an attacker to access your network or computer, giving them the opportunity to harm your system by installing malware or accessing other machines connected to your network. 

This might result in ransomware assaults at home or on the corporate network, which would be expensive and frequently result in data loss and theft with little chance of recovery.

Consequences of week passwords

The consequences of weak passwords can be severe.

Hackers can use stolen passwords to gain access to bank accounts, credit card information, and personal data.

Identity theft is also a significant risk, as hackers can use stolen passwords to impersonate individuals online.

Best Practices for Strong Passwords

Creating strong passwords is the first line of defense against password-related cyber-attacks.

Here are some tips for creating strong passwords:

Use a mix of characters: A strong password should include a mix of uppercase and lowercase letters, numbers, and symbols.

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