Overpower the Password Crisis in Your Business

March 17, 2023
|In Cyber Security
|By Truman Roe

Nowadays, it is not a matter of if a cyber attack will occur in your business but when. Most hacking-related breaches are linked to weak, reused or stolen passwords as user credentials remain a top vulnerability for businesses. To empower your company and outsmart would-be hackers, you must take action and protect yourself from password attacks.

Here are some steps to help you combat the password crisis in your business:

  1. Monitor the Dark Web – One of the most important steps to combating the password crisis is monitoring the dark web for exposed credentials. The dark web is full of data that can be used against you and unfortunately, this includes confidential information about your business such as passwords or credit card details. By monitoring the dark web for exposed credentials, you can stay one step ahead of any potential threats before they happen.
  2. Implement Multifactor Authentication – Multifactor authentication (MFA) adds an extra layer of security to protect user accounts from unauthorized access and is essential when it comes to protecting against password threats. MFA requires users to provide two or more pieces of evidence when logging into their account such as a phone number, email address or biometric data like fingerprints or retinal scans in addition to their username and password. This makes it increasingly difficult for hackers to breach accounts as they will need multiple pieces of evidence instead of just one set of credentials.
  3. Streamline Control Of Password Management – Another important step in tackling the password crisis is streamlining control of password management by using a secure enterprise password management solution. Password manager apps make it easy to manage employee passwords while still maintaining strong security controls with features such as centralized administrative control, single sign-on capabilities, two-factor authentication and automatic resetting functionality which ensures that all employees have unique passwords at all times.

There are numerous ways to combat the password crisis in your business including monitoring the dark web for exposed credentials, implementing multifactor authentication and streamlining control of password management with an enterprise solution. Taking these steps today to ensure that your passwords are secure will help protect your business from potential cyber threats tomorrow!