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- Please, God, Save Gary Cohn From Himself: The Case for Resigning
- Regulatory Considerations When Bringing on a New Advisor
- Why Deutsche Bank is at Mercy of Regulators
- U.S. Treasury Auction Class-Action – Federal Judge Causes Interminable Delay
- Mnuchin Rejects Calls to Resign and Defends Trump
- Best Time to Go to the U.S. (Tennis) Open Tourney - Before It Starts on August 28
- Stifel Prevails in Arbitration But Ex-Hilltop Employees Hit with Awards - Bill Singer
- Banca IMI Securities to Pay $35Mn for Improper Handling of ADRs in Continuing SEC Crackdown
- Members of White House ‘Arts Panel’ Resign En Masse in Protest of Trump
- FINRA Whiffs on Disciplinary Sanction: Bill Singer's 'Negligent Market Manipulation in OTC Stock Promotion'
- Heather Heyer’s Mother Says, ‘I’m Not Talking to the President’
- Goldman Sachs May Have Lost $100Mn on Energy Bet Gone Wrong
- SEC Drops Case Against Ex-JPMorgan Traders Over 'London Whale'
- Financial Advisers That Invest in Technology Need to Accomplish These Two Things
- FINRA Amends Codes Regarding Expedited Arbitrator List Selection
- FINRA July 2017 Quarterly Disciplinary Review (Podcast)
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NEWSLETTERS & ALERTS
Best Passwords - Long, Easy to Remember Phrases
by Howard Haykin
That’s because Bill Burr, the former National Institute of Standards and Technology (NIST) manager who convinced the world 14 years ago to adopt new methodologies for creating strong passwords, realized that his rules did little for security. So, as The WSJournal puts it, “N3v$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.