![]() Whenever a password is reused, it gives a bad actor the opportunity to gain easy entry to a user’s other accounts and services, by using automated software to try that compromised password and username combination across thousands of other websites until they get the result they’re looking for. Password reuse is a gift to cybercriminals attempting account takeover. Cybercriminals then use this data to access accounts and buy goods, buy gift cards, steal personal information and digital assets like social media handles or URLs, or to steal currency. They are then sold in batches on the dark web, where they can be bought by cybercriminals for only pennies and cents. These are invariably sourced through phishing attacks (fraudulent messages designed to trick users into revealing sensitive information or to deploy the likes of malware), social engineering (manipulating users into revealing confidential information), or data breaches (security hacks and data leaks, where confidential information is directly copied or stolen). Account Takeover (or ATO) is a type of attack where cybercriminals attempt to take control of online accounts by making use of stolen email addresses, username, and password combinations. Secure and complex passwords are needed to fight against the ongoing surge in account takeover attacks. They mean we only need to remember one password for everything – safely. Password managers are invaluable in today’s digital security landscape, where we have logins on various devices – such as a Windows laptop, an OS mobile, online logins through browsers, on a tablet, or via a Linux desktop. It is possible to save passwords in your browser, which might seem like enough for the purposes of recall, but this isn’t ideal across multiple devices, and users may be sacrificing security. The user has one single, more simple login (or uses facial or fingerprint recognition) to gain entry to all their stored passwords. Users don’t have to remember multiple sophisticated logins, and this sets high standards of passcode complexity, giving each sign-in unique and optimal security. A password manager helps users create unique and complex passwords and store them in an encrypted fashion, meaning each website, application, or program that needs login information can use a more secure string of characters, letters, and symbols.
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