Identity theft can result in further financial losses or difficulty getting loans or employment. They will use this information either to steal money from the user directly or to steal their identity. After gaining access to a user’s credentials, many hackers will log into their accounts to steal more of their personally identifiable information (PII) like their names, addresses, and bank account information.Not having secure passwords has its consequences, which include but are not limited to:

A password shouldn’t be the word “password” or the same letter or number repeated.A password shouldn’t contain any consecutive letters or numbers.It’s also best not to include any information that can be accessed on social media like kids’ or pets’ names. A password shouldn’t include any of the user’s personal information like their address or phone number.A password shouldn’t be shared with any other account.A password should include a combination of letters, numbers, and characters.A password should be 16 characters or more our password-related research has found that 45 percent of Americans use passwords of eight characters or less, which are not as secure as longer passwords.The best practices for creating secure passwords are: We built this tool to help you better understand password security. After stealing credentials, cybercriminals can use passwords to start disinformation campaigns against companies, use people’s payment information for purchases, and spy on users through WiFi-connected security cameras.

Data breaches and identity theft are on the rise, and the cause is often compromised passwords.

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