Resolution 1: Strengthen Password Policies
Strong passwords are the first line of defense for protecting data, yet recent studies reveal that 80% of all hacking incidents involve compromised credentials or passwords. To fortify your defenses, implement and enforce a strong corporate password policy that includes the following:
- Make multi-factor authentication (MFA) for logins mandatory
- Provide training on password hygiene and best practices for ALL employees—the leadership team, too
- Regularly update passwords
One way to help your entire team have strong password practice is to implement a password manager.
It’s important to remember that while strong passwords make a big difference in cybersecurity, they aren’t enough to fully protect your business. Cybercriminals can still steal passwords or pay a disgruntled employee for access.