The Five Most Common Ways Your Passwords Get Stolen
Password security is more important than ever. Despite the advancement of technology, password management practices still leave businesses and individuals vulnerable to cyber threats. In fact, many high-profile cybersecurity breaches trace back to stolen passwords. If you’re concerned about your organization’s security and want to avoid becoming a victim of a cyberattack, it’s crucial to understand how passwords are stolen. Here are the five most common ways hackers steal passwords—and how you can protect yourself.
1. Phishing: The Wolf in Sheep’s Clothing
Phishing is one of the most common and dangerous ways hackers steal passwords. This attack method involves tricking users into providing their login credentials by masquerading as a trusted entity—such as your bank, an email provider, or a colleague. Once the user enters their information into a fake login form, the hacker gains access to sensitive data.
How to Protect Yourself
Enable two-factor authentication (2FA) on all accounts to add an extra layer of security. Also, be cautious of unsolicited emails or messages from unknown sources. Phishing emails often contain misspelled words, odd formatting, or unusual sender addresses—keep an eye out for these red flags.
2. Credential Stuffing: Reused Passwords Expose You
Credential stuffing, or breach replay, is when hackers use lists of stolen usernames and passwords and test them across multiple websites. Since many people reuse passwords across several accounts, this tactic is highly effective. Once hackers gain access to one account, they can exploit others, often selling the stolen credentials on underground forums.
How to Protect Yourself
Use a unique password for each site you access. Password managers can securely store and manage your credentials, ensuring you don’t have to remember every single password. If you’re unsure where to start, explore some of the top password managers of 2021 for easy and secure password management.
3. Password Spraying: The Mass Attack
Password spraying is similar to credential stuffing, but instead of using stolen lists, hackers try common passwords (like “123456” or “password”) across many accounts. This technique is designed to avoid detection by systems that lock out users after several failed login attempts. It’s effective because many people continue to use weak, easily guessable passwords.
How to Protect Yourself
Make sure you’re using strong, unique passwords for all your accounts. Avoid using easily guessable information like names, birthdays, or common phrases. Tools like password checkers can help ensure your passwords are strong.
4. Keylogging: Silent and Stealthy
Keylogging is a more sophisticated attack. Hackers install software on your device that records keystrokes, allowing them to capture your login credentials. These attacks usually require physical access to your computer or the use of malicious links or software. With post-exploitation kits, hackers can access pre-built keyloggers and silently steal your passwords.
How to Protect Yourself
Invest in reliable security software that can detect and prevent keylogging malware. Regular updates to your operating system and antivirus software are essential for safeguarding your devices. Additionally, avoid clicking on suspicious links or downloading unverified software.
5. Local Discovery: Writing Down Your Passwords
While it may seem like a simple and convenient solution, writing down passwords on sticky notes or paper puts your credentials at risk. If someone finds your note, they gain access to all of your accounts. While it may seem harmless, this method of storing passwords is an open invitation to cybercriminals.
How to Protect Yourself
Instead of writing passwords down, use a password manager to securely store your credentials. These tools encrypt your passwords and allow you to access them with a master password or biometric verification, keeping your sensitive data safe.
Stay Secure with a Managed IT Service Provider
As cyber threats evolve, it’s important for businesses to stay ahead of the curve in cybersecurity practices. Partnering with a Managed Service Provider (MSP) can help protect your business from the latest security vulnerabilities and ensure your passwords—and your organization—remain secure. Our team of experts is ready to assess your current security protocols and help you implement strategies like 2FA, password management solutions, and endpoint protection.
Are you ready to secure your business against cyber threats? Contact us today to learn more about how our MSP services can help protect your digital assets, improve your cybersecurity posture, and keep your sensitive information safe.
