One solution to the password overload is to use a digital password manager (such as Roboform, Lastpass, Dashlane) that stores your passwords for you. You only need to remember one master password, and these sites offer password generators that will come up with unique passwords for all your accounts — an important feature, since an alarming number of us tend to reuse the same passwords on multiple sites.
Two-factor verification, or multifactor authentication, is when you’re required to enter a second form of identification beyond your username and password. This might be a unique code sent to your mobile phone through an app or entering your fingerprint. Online companies, social media and government sites are exploring everything from eye scans and facial recognition to more sophisticated techniques to solve the password problem. After Yahoo! was hacked in 2016, they introduced on-demand passwords, which eliminates the overall password all together and sends a new one to your phone for each session. For now, creating strong passwords and enabling multifactor authentication are the best defense against password hacks.
Learn to spot the signs of identity theft and what to do if you are a victim. Unfortunately, this problem isn’t likely to go away soon. Take steps now to set yourself up for a more secure future.
As always, we’ve got your back. — The On Your Own Team