It all comes back to our members
Laboratories Credit Union

BSB 802 841 | Phone 02 9859 0585

  • Home
  • Contact Us
  • Security
  • Privacy
  • Help
  • Site Map
Print
Home
Latest News

Internet and PIN Security

Creating Secure Passwords

By Tony Bradley, CISSP-ISSAP, About.com

One of the problems with passwords is that users forget them. In an effort to not forget them, they use simple things like their dog’s name, their son’s first name and birth date, the name of the current month- anything that will give them a clue to remember what their password is.

For the curious hacker who has somehow gained access to your computer system this is the equivalent of locking your door and leaving the key under the doormat. Without even resorting to any specialized tools a hacker can discover your basic personal information- name, children’s names, birthdates, pets names, etc. and try all of those out as potential passwords.

To create a secure password that is easy for you to remember, follow these simple steps:

  • Do not use personal information. You should never use personal information as a part of your password. It is very easy for someone to guess things like your last name, pet's name, child's birth date and other similar details.
  • Do not use real words. There are tools available to help attackers guess your password. With today's computing power, it doesn't take long to try every word in the dictionary and find your password, so it is best if you do not use real words for your password.
  • Mix different character types. You can make a password much more secure by mixing different types of characters. Use some uppercase letters along with lowercase letters, numbers and even special characters such as '&' or '%'.
  • Use a passphrase. Rather than trying to remember a password created using various character types which is also not a word from the dictionary, you can use a passphrase. Think up a sentence or a line from a song or poem that you like and create a password using the first letter from each word.

    For example, rather than just having a password like 'yr$1Hes', you could take a sentence such as "I like to read the About.com Internet / Network Security web site" and convert it to a password like 'il2rtA!nsws". By substituting the number '2' for the word 'to' and using an exclamation point in place of the 'i' for 'Internet', you can use a variety of character types and create a secure password that is hard to crack, but much easier for you to remember.
  • Use a password management tool. Another way to store and remember passwords securely is to use some sort of password management tool. These tools maintain a list of usernames and passwords in encrypted form. Some will even automatically fill in the username and password information on sites and applications.

Using the tips above will help you create passwords that are more secure, but you should still also follow the following tips:

  • Use different passwords. You should use a different username and password for each login or application you are trying to protect. That way if one gets compromised the others are still safe. Another approach which is less secure, but provides a fair tradeoff between security and convenience, is to use one username and password for sites and applications that don't need the extra security, but use unique usernames and more secure passwords on sites such as your bank or credit card companies.
  • Change your passwords. You should change your password at least every 30 to 60 days. You should also not re-use a password for at least a year.
  • Enforce stronger passwords: Rather than relying on every user of the computer to understand and follow the instructions above, you can configure Microsot Windows password policies so that Windows will not accept passwords that don't meet the minimum requirements.

 

shareit
Online Tools
 
 
Switch your accounts to LCU
BPAY

LCU - Testimonial - Ron

  • E*TRADE
  • Mastercard
  • Membership Application
  • Account & Account Access Application
  • ID Certification Form
  • Fixed Term Deposit Application
  • E*Saver Account Application
  • Internet Banking Application
  • Phone Banking Application
  • Telephone Passcode
  • Change of Address Form
  • Visa Card Collection Form
  • Authority to Operate
  • Home Loan Calculators
  • Personal / Car Loan Calculators
  • Savings / Budget Calculators
  • Tax Calculator

© Copyright 2012 Laboratories Credit Union Limited | ABN 77 087 650 217 | AFSL/ACL 240807 | BSB 802 841

Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our Account & Access Facility – Conditions of Use and Financial Services Guide before acquiring the product.

  • About Us
    • Benefits of being a member
    • Our history
    • Missions, Goals & Strategies
    • Publications
    • Directors and Staff
    • Disclosure statements
    • Resolving Problems
  • Loans
    • Home Loans
      • Intelligent Mortgage Loans
      • LCU Barefoot Pack
      • Interest Only Loan
      • Home Renovation Loan
      • Lifestyle Accounts
    • Car Loans
      • New Car Loan
      • No Frills Car Loan
      • Green Car Loan
    • Personal Loans
      • Personal Loan
      • Green Loan
      • Share Loan
      • Home Renovation Loan
    • Overdraft
  • Savings
    • On Call Savings Account
    • Intelligent Saver Accounts
    • E*Saver Account
    • Lifestyle Account
    • Christmas Club Account
    • Business Account
    • E*Saver Business Account
    • Fixed Term Deposit Accounts
    • Switch your accounts to LCU
  • Access
    • NetTeller Internet Banking
    • LcuDirect Phone Banking
    • Visa Debit Card
    • MyCard MasterCard
    • BPAY
    • Other access services
      • Branch Deposits & Withdrawals
      • Personal Cheque Facility
      • Direct Debit & Credit Services
      • Quick Debits
      • Payroll deduction
    • Travel Money Services
      • Cash Passport Cards
      • Travellers Cheques
      • Foreign Cash
      • Telegraphic Transfers
      • International Drafts
    • Switch Your Accounts
  • Financial Help
    • Financial Hardship Assistance
    • Financial Tips
      • Budgeting Tips
      • Managing Your Credit Card
      • Buying a Car
      • Buying a Home
      • Managing Financial Difficulty
    • Financial Guides
    • Financial Planning
      • Bridges Investment Services
      • How can a planner help?
  • Insurance
    • Insurance Summary
    • Home Building & Contents Insurance
    • Car Insurance
    • Travel Insurance
    • Loan Repayment Insurance
  • Apply
    • Apply: Membership
    • Apply: Loans
    • Apply: Accounts and Account Access
  • Rates and Fees
    • Interest Rates
    • Fees and Charges
    • Fee Free Banking
  • Other Services
    • E*TRADE
    • Private Fleet Car Buying Service
    • Legal Referrals
  • LCU Community
    • CSIRO Alumni
    • CUFA
    • LCU Tertiary Scholarships
    • Relationships Australia
    • LCU Staff Charities
      • Daffodil Day
      • Canteen
      • Exodus Foundation
      • Ryde Rotary
      • World Vision
Share & Send
fbook
Facebook
fbook
Twitter
fbook
Delicious
fbook
Email Link
fbook
Digg
fbook
Stumble