Passwords are a headache to remember and manage, which is why many people resort to easy-to-remember character combinations and then repeat the same password on most or all of their accounts. line. Statistics prove how common this weak security policy is. A Google study published in 2019 in conjunction with The Harris Poll found that 13% of people in the United States reuse the same password across all of their online accounts, and 52% reuse passwords across multiple accounts.

Using this strategy with your online banking password will put you in serious danger. Hackers continually try to break into online accounts, so if your password is frequently used or easy to guess, you’re at a higher risk of being hacked. To be safe, you want to change your password at least every 90 days. Also, make sure you use a strong character combination. Here are some tips to guide you in choosing an anti-hacking password (via Google):

  1. Use longer passwords.

  2. Create a mix of upper and lower case letters.

  3. Include numbers and special characters.

  4. Do not use common password combinations, such as “1234” or “passw0rd”.

  5. Do not use personal information, such as your name, date of birth, names of your pets, etc.

Some platforms will let you know how weak or strong your chosen password is, but if you’re logging into a password that doesn’t, you can use a password checker like this one from Kaspersky to test his strength. In addition, we advise you to use a password manager to manage your passwords well.