It's not uncommon to juggle a staggering 100 or more passwords. Thankfully, password managers have come to the rescue, alleviating the hassle and enhancing account security. Password managers effortlessly generate strong, unique passwords. They are safer than manual memorization because they can create and store complex, unique passwords for each account, reducing the risk of using weak or repeated passwords. They also offer encrypted storage, protecting your credentials from cyber threats like phishing and hacking.

Did you know?

• Running out of password ideas? Let password managers do the work for you.
• Lock up your password list. Replace your written list of passwords with a password management tool.
• Password managers often come with password strength analysis tools. Use them to identify and update weak passwords in your existing accounts, enhancing your overall cybersecurity posture.
• Did you know the average person has over 100 passwords online? Here’s an easy pro tip: a password manager can do all the managing of strong, unique passwords for each account.
• What are the advantages of a password manager? They 1. Save time 2. Suggest strong passwords and 3. Identify weak passwords.
• Avoid common password pitfalls! Hackers love easy targets, so don't make it easy for them. Say no to password123 or qwerty. Opt for unique and complex passwords – let a password manager do the heavy lifting for you. It's time to level up your security.

SBS Resources to Share:

• Password Tips: It’s important to create strong, complex passwords for your systems. That’s why we’ve put together these best methods for stronger passwords to help you train your employees. Keep in mind, though, that based on the risk of each system, these standards may fluctuate.

• Behind the Hack: How Password Reuse Led to Admin Access: During a recent customer internal penetration test, SBS CyberSecurity’s network security team found several administrative accounts used by the client’s MSP which reused the same password. Here’s a brief overview of how the issue was identified and the resulting impact to this client’s network.

• Are Password Managers Secure? The LastPass breach reminds us there is no way to stay 100% safe online and highlights some of the risks associated with using a central vault to store passwords and other secrets. So, are password managers still the safe solution?

Questions? Contact Jill Verscheure, Senior Vice President, MBA Service Corporation at jverscheure@michigan.bank or 517-342-5681.