The Everyday Banker

Creating a strong and secure password is crucial for protecting your bank account and other sensitive online accounts. Here are some tips for creating a strong password:

• Use a Long Password: A longer password is generally stronger. Aim for at least 12 characters.
• Use a Mix of Characters: Include a combination of upper and lower case letters, numbers, and special symbols (e.g., !, @, #, $, %, etc.).
  
  
• Avoid Common Words: Avoid using easily guessable words, phrases, or common patterns like "password," or "123456."
  
  
• Avoid Personal Information: Don't use easily discoverable information like your name, birthdate, or the name of your bank.
  
  
• Unique Passwords: Don't use the same password for multiple accounts. Each account should have a unique password.
  
  
• Passphrases: Consider using a passphrase – a sequence of random words or a meaningful phrase that only you would understand. Make sure it's not easily guessable.
  
  
• Avoid Dictionary Words: Avoid using full words found in dictionaries. If you use a word, consider misspelling it or adding numbers/symbols within it.
  
  
• Use Acronyms: Create an acronym from a sentence or phrase that is meaningful to you, combining letters, numbers, and symbols.
  
  
• Mix It Up: Combine unrelated words, numbers, and symbols to make your password more complex.
  
  
• Update Regularly: Change your passwords periodically. This is especially important for critical accounts like your bank.
  
  
• Multi-Factor Authentication: Enable MFA whenever possible. This adds an extra layer of security, even if someone knows your password.
  
  
• Password Manager: Consider using a reputable password manager to generate, store, and autofill your complex passwords. This can help you manage unique passwords for all your accounts.
  
  
• Be Wary of Phishing: Be cautious of phishing attempts. Always double-check the website's URL and make sure you're entering your password into a legitimate site.
  
  
• Strong Security Questions: If your bank offers security questions for account recovery, choose questions with answers that are not easily guessable or discoverable.
  
  
• Monitor Your Accounts: Regularly review your bank statements and account activity for any unauthorized transactions or unusual activities.
  
  
• Educate Yourself: Stay informed about the latest security threats and best practices for online safety.

Remember that the strength of your password is a critical factor in protecting your bank account, but it's not the only one. It's equally important to keep your devices secure, use secure and up-to-date software, and be vigilant against various cyber threats.