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Stories of Interest
- Address at ICI's 2017 Securities Law Developments Conference - SEC Commissioner Stein
- New York Pension Fund Seeks More Pay Disclosure from Wells Fargo
- Wells Fargo Sanctions Are on Ice Under Trump Official
- Josh Brown: Here's How to Buy Bitcoin, But Realize It Could Be One Giant Bubble
- Trump's New Tax Plan Could Cost Citigroup $20 Billion
- Morgan Stanley Fires Former Congressman Harold Ford Jr.
- Al Franken Will Resign Over Sexual Misconduct Allegations - His Full Resignation Speech
- Ex-NFL Player Gets 40 Years for Running $10Mn Fraud
- Bitcoin Blows Past $15K, Adding $2K in Under 12 Hours
- Financial Adviser Settles Charges for Defrauding Private Equity Fund Investors
- New Cross Market Equity Supervision Report Cards - FINRA Phone-In Workshop, WebEx Presentation
- Mueller Just Crossed Trump's Red Line, With Deutsche Bank Subpoena
- Wildfire Rages Near Los Angeles
- Former Company Insider Has $4.1Mn Payday as a Whistleblower
- Audit Firm, Anton & Chia, Conducted Fraudulent Audits of Penny Stock Companies - SEC
- Mueller Subpoenas Deutsche Bank Records on Trump and Family
- Bitcoin Nearly Halfway to $400Bn Value Predicted by Winklevoss Twins 4 Years Ago
- Fidelity Clients Suffer Second Website Glitch in Week
- CBOE Beats CME to Bitcoin Futures Launch with December 10 Start
- McKinsey Senior Exec Thomas Barkin Named New Head of Federal Reserve Bank of Richmond
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NEWSLETTERS & ALERTS
Best Passwords - Long, Easy to Remember Phrases
by Howard Haykin
That’s because Bill Burr, the former National Institute of Standards and Technology (NIST) manager who convinced the world 14 years ago to adopt new methodologies for creating strong passwords, realized that his rules did little for security. So, as The WSJournal puts it, “N3v$r M1^d!”
In an interview with The WSJournal (subscr reqd), Mr. Burr expressed his regrets for giving that advice. Not that his advice was flawed. It’s just that such advice was way too complicated for the everyday computer user, who typically creating passwords that hackers and computer algorithms could readily predict. [However, in deference to Mr. Burr, his advice did hold up for more than 10 years – which, in this era of advancing technology, is a lifetime.]
Say, for example, a person devised a seemingly secure password - “N3wY0rk123!” Yet, it is inherently weak because it was created with the exact same technique that most people tend to use when creating such digital combo passwords. And, when it came time to change passwords, people would compound the problem by switching to something like “N3wY0rk456!”
Going forward, NIST has done away with the old advice and is now suggesting that people use long, easy-to-remember phrases. [See NIST Special Publication 800-63-3: “Digial Identity Guidelines”] And, as far as changing passwords, it's suggested that users do so ONLY if there's a sign they may have been stolen.