The rise of digitalization led to many services being provided through the internet. These digital services provide convenience to our day-to-day life especially when it comes to getting things done in the digital space.
Your online accounts store some of your sensitive personal data. It is important to ensure that your online identity is protected and passwords play an important role in protecting your personal information online. Hence, the importance of setting a strong password for your online accounts. Below are some of the reasons why you need a strong password, especially your internet banking services in Malaysia.
Why Are Strong Passwords Important?
What are strong passwords? Strong passwords are usually made up of a combination of letters, numbers and symbols. It should be memorable to you but nearly impossible for someone else to guess. This will help you to protect your personal information from getting stolen or misused by others and hackers.
Benefits Of Having A Strong Password
If you are creating an online banking account, you will be asked to set passwords just as your pin number for bank cards. A strong password will protect you from others attempting to use or access your account without your consent. It protects your personal data and other private information about yourself. This reduces possibilities of cybercrimes such as identity theft, harassment, data breaches or more happening to you.
Risks Of Having Weak Passwords
There Is A High Chance For Your Account To Be Compromised
If you are using internet banking services and you set weak passwords for your online account, people can easily access your account by guessing your password. A strong password is one of the best ways to defend your accounts and private information from hackers.
People Can Steal Your Identity Online
If you are using social media accounts with weak passwords, people can get into your profile and pretend to be you. It is always better to provide strong passwords to prevent this kind of situation.
Tips On Creating Strong Passwords
It Is Better If It Has More Characters
Avoid Using Your Basic Personal Information As Passwords
Passwords are meant to be private and providing your basic information such as your birthdate or the last digits of your mobile number is not safe to be kept as a password. Your passwords should be easy for you to remember but not easy for others to guess.
Prevent Using The Same Passwords For Every Online Account
You may have many online accounts and all of them need passwords. It is important to not use the same passwords for all your accounts as it will be easy to guess by hackers. If the hackers find out any one of your passwords from one site, they might be able to hack into all of your other online accounts. It is better to provide a unique password for each site.