World Password Day 2022 – Take control of your password vault

Passwords have become an expected and ubiquitous part of our online lives as we become more and more data-driven. It’s common in today’s digital world to require a password for everything from accessing your smartphone to logging into your remote workspace to checking your bank statements. We’ve all been conditioned to enter passwords countless times a day, and as a result, we often overlook their meaning.

Given this, what precautions can you take to ensure that your personal information is always protected? Given that we live in a data-driven and security-conscious world, here are some professional tips and advice from industry leaders for World Password Day to help you improve your word game. outmoded.
Sandeep Jain, Senior Software Engineering Manager, Forcepoint India
“Although biometrics have become increasingly common to identify us on our devices, the popularity of passwords continues to be the primary means of securing digital platforms and devices. Passwords have persisted, despite their flaws, because they establish a level of compromise between security and convenience that works for the vast majority. This is reinforced by the use of additional security like multi-factor authentication, where additional verification is required on a second device. This makes it not enough to steal a user’s password to gain access.

At the enterprise level, meanwhile, networking philosophies like Zero Trust, which operate on the principle of “never trust, always verify” across an organization’s network, also reduce the likelihood that cybercriminals successfully penetrate an organization. In the age of cloud cybersecurity, this can be implemented device-agnostic, regardless of where employees are physically working and logging on.

World Password Day is an annual reminder to everyone of the importance of practicing digital hygiene and the role we can all play in keeping our professional and personal lives safe by adopting secure password behaviors. . For example, using a crypt password manager to automatically generate, save, and fill daily passwords on websites, so a hacker can’t use a single password to access all user accounts. ‘an user. Staying cautious and practicing critical thinking when it comes to clicking links and sharing sensitive information such as user credentials will also reduce the risk of phishing attacks, which are a common way to steal. details. IT managers should also implement policies that mandate regular password changing and set criteria for enforcing strong passwords.

In an age of hybrid working and the dissolved perimeter between an organization and its wider environment, employees have never been more of a cybersecurity first line of defense for the organization they work for than they are. are currently. Let’s take advantage of World Password Day to audit the cybersecurity posture of our organizations and make improvements.

Sriram, co-founder, iValue InfoSolutions
“In the early 2000s, it was more of a business challenge since individual users only had personal email accounts to manage in terms of password management. Passwords have been one of the weakest links for decades. With most businesses going digital, it is impractical for citizens to keep track of complex passwords in banks, stores, travel and entertainment sites. Tools like password manager have not been popular among the masses. Multi-factor authentication is still limited to enterprises and is not exploited by SMEs/SMEs and citizens. With the government using digital means for most of its citizen service delivery covering rural and non-tech savvy populations, it is time to take advantage of user-friendly options such as thumb, retina and thumb recognition options. face for authentication, which should be achievable with the deployment of 5G and broadband. cover.”

Satish Kumar V, CEO, EverestIMS Technologies
“With millions of workers around the world having remote access to their company data, the security and retention of that data has become paramount. Most successful breaches occur when a stolen password on one platform is exploited against another system that shares the exact same password. Weak passwords can often be the chink in a company’s armor. Having password generator software handy is a good idea on the personal side. And for businesses, continuously evaluating passwords with multi-factor authentication and using tools that prevent free access can minimize breaches.

Vikas Bhonsle, CEO, Crayon Software Experts India
“Poor password behavior is a leading contributor to data breaches. A 2021 investigation report indicates that 80% of breaches have their roots in weak passwords and stolen credentials. This highlights how crucial secure password management is. For companies, the best way to cultivate a highly secure workforce is to provide regular training on cybersecurity and hygiene issues using engaging and accessible resources Employees need to be assured that they understand the importance of password security and the risks of weak passwords to a business Strong messages need to reach employees through communication mechanisms on vigilance when creating and managing passwords Digital products should incorporate reminders into their UX design that encourages nt users to change their passwords often.

Companies should also implement access management solutions to manage and monitor user access permissions and access rights to files, systems and services. This eliminates the vulnerabilities inherent in password dependencies alone while increasing levels of assurance and convenience. Passwords are here to stay for a while. Therefore, it is important that sound password behavior is instilled in the DNA of the workplace.

Nat Natraj, Co-Founder and CEO, AccuKnox
“Intel originally recognized World Password Day in 2013 as a reminder of the importance of good password hygiene, and many of us still need a reminder 9 years later. However, the Fact is, passwords are an absolute security nightmare. Creating and managing them is boring, so people often reuse them or choose easily guessable credentials, or both. Hackers are more than happy to take advantage of them. Today, I take this opportunity to remind everyone, companies and individuals alike, that our security is only as strong as our weakest link, which is, nine times out of ten, people. Cyberattacks will continue indefinitely, and we won’t be able to prevent them entirely, but refocusing on human-centric security, like password habits, can help move us closer to a digitally connected and secure society.

Rajesh K. Parthasarathy, Founder, President, CEO, Mage
“Passwords are still a serious security hole on the Internet. The majority of problems stem from password reuse, passwords that aren’t strong or easy to guess, or other security vulnerabilities in general. Using multi-factor authentication for sites with sensitive data, such as email, social media, financial websites, or other high-value sites, can help deter attackers if a password pass is compromised or repeated. Multi-factor authentication (MFA), which requires a password along with one or more additional credentials, is a good way to prevent unauthorized access to the account, but not using a password password is so much better. Passwords are, without a doubt, the source of the data leakage problem. According to the Verizon Data Breach Investigations report, compromised and weak credentials were used in 80% of hack-related breaches, and stolen credentials were used in 29% of all breaches, regardless of type of attack. Considering this, companies should encourage employees to improve their password habits to improve the overall security of the organization.

Punishes Thakkar, CEO and Managing Director, Shivaami
“Setting up a strong password is one of the surest ways to protect yourself against data leaks and security breaches. Most people set the bar too low, which allows hackers to easily access user accounts. Passwords are such an important part of our digital identities that it is essential that we create strong passwords and keep them secure. It is also recommended that users never reuse passwords from different accounts because hackers with access to one password can access thousands of them, which could lead to a major data breach.