One of the easiest was to help mitigate the risk of cyber attacks on your business is by implementing a password management system. It’s tempting to use simpler, easy to remember passwords, but with 81% of worldwide cyber-attacks exploiting weak passwords, do you really want to take that risk?
It can be difficult to implement a password policy where employees must remember multiple complex passwords. There is a danger that employees will just keep a list of all their passwords in one place, potentially even in a notebook in an unlocked draw, to be able to remember them all. This is where a password management tool becomes invaluable.
Another major consideration is a remote workforce. Working in a familiar environment can lead to complacency or a relaxed attitude towards digital safety, especially if using personal devices for business use. Online safety can be further compromised if personal passwords are used for business accounts. If a business password is cracked, a savvy cyber-criminal can use social media to trace employees and attack their personal accounts. There is then the potential for criminals to impersonate employees using their personal accounts to further infiltrate your business.
So how do you easily combat poor password hygiene?
Easy, a password manager, and we really feel it’s worth the investment. Employees often manage far more passwords than they think they do, so a password manager is a great way to safely store them, allows them to be highly complex and therefore much harder to crack. As a business you want to strive for excellent password hygiene.
Safe sharing
The other main benefit of a password manager is the ability to safely share passwords. You can even share a password with your team or wider business which gives them access but keeps the password private to you.
At Corona IT Solutions our password management partner will give you peace of mind that your passwords are protected, accessible to only those who need them and complex enough to deter cyber-criminals. Give one of the team a call if you would like to discuss password management as part of our managed IT services.
