That’s why a password manager like LastPass Families is pretty much a no-brainer, Levin told Yahoo Life. The key is to “minimize your risk of exposure and reduce your attackable surface, Levin said, and part of that is using smart passwords. In fact, in 2019, a major data breach at Microsoft revealed that 44 million user accounts were vulnerable because of reused passwords, according to Forbes.
Recycled passwords are one of the paths of least resistance for hackers. Compromised passwords are a leading cause of identity theft This kind of devastating data breach cost a cumulative $540 million, as well as obvious emotional distress, as three quarters of victims confirmed. About one in 15 Americans were victims of identity fraud in 2017, according to Identity Force, and one million of those victims were children. Levin calls the current climate in the U.S.-and all the important issues we’re addressing, from the pandemic to social unrest-”a perfect storm for scammers.”īut even in a less eventful year, identity theft is a massive concern. Woman using a phone with the coronavirus tracking app installed walking a city street
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