Importance of Password Policy and Password Security Risks | FastPassCorp
Importance of Password Policy and
Password Security Risks
Mitigation of Data Breach through Self-Service and Account Authentication
Passwords are by far the most frequently used method for user authentication.
Password authentication is fast and cheap, and password authentication is standard for practically all IT systems and applications.
It is therefore of vital importance that passwords and processes around passwords are secure. IT security officers see a number of threats to IT security through the misuse of passwords. Mitigation against these threats can often lead to cumbersome and expensive processes, in contrast with the original idea of passwords as a fast and cheap authentication method. Modern self-service tools such as FastPass, on the other hand, offer technology that improves security and reduces the total cost of the password processes!
IT security policies must control who is allowed to access specific information.
To enforce such a policy, it is important that the IT system and processes are secure and that users are correctly identified and authorized. A strong password is still the primary key for authentication. It is crucial that passwords effectively secure the authentication of the correct person to avoid compromised data due to hackers. Of course, this also has to be done at the lowest possible total cost.
This section describes the challenges and solutions for the use of a password, from a security and economic point of view.
Mitigation and consequences for passwords
In well-run IT business operations you will see users be required to have a very complex password with frequent changes. Many users will even have many different passwords to remember, which complicates life even more. As a result of this, some users help themselves by noting passwords on yellow stickers to be sure they can sign-on without delay!
FastPass V4 brings comprehensive password protection to secure organizations. Making passwords complex, avoiding the use of dictionary passwords and popular phrases as part of the password, changing the password regularly, and protecting the password processes will make your organization unattractive to hackers.