Your employees use passwords at work several times per day in order to access the data and software needed to perform their jobs. These passwords also protect these resources from cyber criminals. Unfortunately, they can be made vulnerable through careless practices, which made lead to hacking that jeopardizes the very existence of a business itself. Parts 1 and 2 will discuss why and how companies should safeguard its passwords. Consult with an IT support expert as well for proper implementation.

June 2016 AVG Survey

AVG is one of the word’s top security software companies, and they surveyed 381 small- to-medium-sized business (SMB) customers in the United Kingdom and the United States in June 2016 regarding password security. Below is an outline that summarizes their respondents’ thoughts regarding their companies’ passwords:

One third believe they could be more secure.

19% stated their company uses an automated password generator.

22% of businesses use password management software.

25% use two-factor authentication for their passwords.

72% believe they are stored in a safe place.

40% use the same passwords for different log-ins.

50% use 1 to 10 passwords for different networks, software, and accounts.

67% claimed there are 1-2 people who have access to their company passwords.

43% with company passwords don’t have a contractual confidentiality clause.

51% save all or some of their passwords through their web browser.

For one-third of businesses, the owner, president, or CEO is responsible for managing company passwords.

6% of non-employees (contractors, temps) can access company passwords.

68% said they have heard of ransomware.

Password Tools

AVG stated that the “most-used passwords in 2015 were ‘123456’ and, you guessed it, ‘password.’” As a result, companies can benefit from using a password generator, which AVG considers the most effective method of creating strong passwords. They also recommend a user authentication service, such as the AVG Single Sign-On (SSO), which allows using a single set of log-in credentials, along with the choice of two-factor authentication, to access multiple applications. The bigger brands now employ a two-factor authentication option, which confirms user identity by requiring a combination of two different components for log-ins.

Individual Passwords

The utilization of a single password for several applications may seem convenient, but it will make your company, customers, data, and your identity more vulnerable. It would be potentially disastrous if it were acquired by cyber criminals. AVG strongly advises that each staff member should have his or her own password and account. This not only increases security, but it also ensures accountability.

Alpha Engineering Business Support

Choosing an expert computer technology-support provider is an important decision for your business. Alpha Engineering Associates has been a trusted partner of many companies in the Washington, Baltimore and Annapolis areas since 1990 and offer:

• 24/7 Managed Services for Business Computing Systems
• Network and Mobile Computing Support
• Disaster Recovery Planning
• Software Development

For affordable client-focused network consulting services and solutions, please call Alpha Engineering Associates today at 410-295-9500.