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Are You Getting Hacked? Your Password Could Be to Blame

Want to save a lot of money and a lot of trouble? Get very serious about your passwords. The easiest way for a criminal to gain access to your banking or brokerage account, or even your credit cards, is by guessing your password. A strong password provides essential protection against financial fraud and identity theft. Simple or commonly used passwords enable a hacker to easily gain access and control of an account, and many of us are making it easy. The 10 most common passwords are… 12345 123456 123456789 qwerty password 111111 12345678 abc123 1234567 password1. (“Qwerty” comes from the first six letters on a keyboard in the upper left-hand corner.) Really?! That’s the best we can do to protect our assets? The average desktop PC has become so powerful that a hacker can crack most passwords in as little as a few hours. And the costs associated with weak passwords are astronomical. The average person has 25 online accounts, ...

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