Making the most of your passwords – Wells Fargo

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Making the most of your passwords

Tips for maximizing your security online

Strong passwords are an essential measure to securely storing information on your computer and mobile devices, but password hacking is a widespread problem.

Facts and figures:

  • 51 percent of consumers — and about 64 percent of millennials — report password hacking within the past year
  • 46 percent of people use passwords that are at least five years old
  • 71 percent of online accounts use “duplicated passwords,” or passwords that the user has employed across multiple accounts
  • The most popular passwords of 2016 included combinations like “123456,” “qwerty,” “111111,” and password” — and the top 25 most common passwords comprised more than 50 percent of all passwords
  • 41 percent of online adults have shared a password with a friend or family member

To create a password that will protect you and your information, follow these best practices.

Build it

a. Use a combination of letters, numbers, and special characters.

b. Don’t use names of your kids or pets.

c. Don’t use any part of your email address for your username or password.

Activate it

a. Activate two-step authentication when available.

b. Don’t share your passwords with anyone.

c. Update your passwords every 90 days.

The creation and management of a strong password should be a priority across all your accounts. And it’s especially important when it comes to financial accounts containing sensitive information.

Learn more about preventing fraud.

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