Password management is key to protecting your organization’s data.
Does your organization have a strong password policy in place?
A password is a secret value intended to be memorized by the user to safeguard data or sensitive information from unauthorized access – and password management is key to protecting your organization’s data. According to Gartner, there are a few simple steps you can take to ensure that your employees use strong passwords in the workplace.
- Craft a password policy that is easy to understand. Your organization should plainly set out the rules, making it very clear who must do what.
- Specify rules that provide the most effective balance of security and user experience. Discard legacy password rules, as they can lead to behaviors that reduce security.
- Do not rely on passwords alone. Enforce multi-factor authentication (MFA) and privileged access management (PAM) tools, as needed.
What are the risks of password sharing in the workplace?
The National Institute of Standards and Technology (NIST) defines digital identity as the unique representation of a subject engaged in an online transaction. The rise of digitalization has made it extremely challenging to secure and protect a user’s digital identity, both personally and professionally. Cyberattacks and data breaches are regularly making headlines – and poor password security is often the underlying cause. Bad habits like password sharing, using login credentials on unsecured websites, and using weak passwords can endanger the online security of your organization.
A recent Last Pass survey reports that 61% of users are more likely to share their work passwords than personal passwords. So, what are the consequences of sharing passwords in the workplace? While it may be convenient to share credentials to reduce the cost of a user-limited software, this practice increases the risk of a costly data breach. Reusing passwords across multiple websites further increases this risk, since one stolen password can provide hackers with access to all kinds of valuable information.
What can your organization do to protect your data?
Data is your most valuable (and vulnerable) asset. An organizational security strategy requires a layered approach with automatic, policy-based rules for access to sensitive information. Forsyte I.T. Solutions is a digital leader focused on developing and creating products to support the success of all organizations. Our expert team is ready to help your organization monitor and protect its digital identity. Connect with us today to learn more about Guardian 365 for overall security management!
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