Is Your Password Strong Enough for Fraud Prevention?

  • Fraud Prevention

In recent blog posts, we have focused on the importance of having a secure password to thwart fraudulent id verification attempts. According to ZoneAlarm.com, these are the 20 most common passwords of all time.

 

  1. 123456
  2. 12345
  3. 123456789
  4. Password
  5. Iloveyou
  6. Princess
  7. Rockyou
  8. 1234567
  9. 12345678
  10. abc123
  11. Nicole
  12. Daniel
  13. Babygirl
  14. Monkey
  15. Jessica
  16. Lovely
  17. Michael
  18. Ashley
  19. 654321
  20. Qwerty

 

So now we ask you, are any of your passwords in the above list? If so, you are at an increased risk to have your email, online banking, and social networking accounts hacked. And even if you use one of these passwords for a less important account, like one you hardly log into, a hacker can gain access to that account and possibly use the information in there to gain access to your other accounts.

The Wall Street Journal had an article Beyond the Password that talks about just that. Some companies are requiring code tokens in addition to passwords, which is an additional code a person will temporarily have access to and have to enter it along with their password. And other companies are requiring knowledge based authentication questions to be answered if activities are different than normal.