How to Protect Your Online Accounts from Being Breached
Stolen login credentials are a hot commodity on the Dark Web. There’s a price for every type of account from online banking to social media. For example, hacked social media accounts will go for between $30 to $80 each. The rise in reliance on cloud services has caused a big increase in breached cloud accounts. Compromised login credentials are now the #1 cause of data breaches globally, according to IBM Security’s latest Cost of a Data Breach Report. Having either a personal or business cloud account compromised can be very costly. It can lead to a ransomware infection, compliance breach, identity theft, and more. To make matters more challenging, users are still adopting bad password habits that make it all too easy for criminals. For example: 34% of people admit to sharing passwords with colleagues 44% of people reuse passwords across work and personal accounts 49% of people store passwords in unprotected plain text documents things…