Best Practices
Using strong, unique passwords for every service you use online is essential for minimising the impact of data breaches. Below are best practices for creating a secure password to protect your account on Traders Connect.
What Makes a Strong Password?
Entropy and Randomness
A strong password isn't just about adding special characters or numbers to a common word or name. It's about increasing the password’s entropy, or randomness, which makes it harder for attackers to guess or crack.
Using Passphrases
One of the best tactics for creating a strong password is to use a passphrase. A passphrase combines seemingly unrelated words or phrases that are easy for you to remember but difficult for others to guess.
How to Create a Secure Passphrase
Steps to Follow
- Choose Unrelated Words:
- Select at least four to five random words that are unrelated to each other. For example, "correct horse battery staple".
- Add Complexity:
- You can add complexity by including uppercase letters, numbers, or special characters, but the core strength comes from the randomness and length of the phrase. For example, "CorrectHorseBatteryStaple1!".
- Avoid Common Phrases:
- Avoid using common phrases or easily guessable combinations, such as "password123" or "letmein!".
- Memorable Yet Secure:
- Ensure the passphrase is something you can remember without writing it down, yet hard for anyone else to guess.
Example of a Strong Passphrase
- Weak Password:** "P@ssw0rd!"
- Strong Passphrase:** "BlueSkyRiverEagle2024!"
Additional Tips for Password Security
- Unique Passwords for Different Accounts:
- Use a different password for each of your online accounts. This prevents a breach in one account from compromising others.
- Use a Password Manager:
- Consider using a password manager to store and generate complex passwords. This tool can help you manage unique passwords for each service without having to remember them all.
- Regularly Update Passwords:
- Change your passwords periodically, especially if you suspect any of your accounts may have been compromised.
Conclusion
By following these best practices, you can create strong, secure passwords that protect your Traders Connect account from unauthorized access. Remember, the key to password security is using unique, high-entropy passphrases that are difficult to guess but easy for you to remember.
Updated on: 29/08/2024
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