Internet Security

How to make a strong password for 2018

Every year, many news articles report security breaches and hacks which could be prevented by use of a strong password….

Every year, many news articles report security breaches and hacks which could be prevented by use of a strong password. Most of these are a consequence of flawed digital security practices. As we move towards a more and more interconnected world each day, online security becomes even more relevant for people and businesses alike.

Although there’s always the possibility of having a vulnerability within a digital system, most of these issues are due to poorly chosen passwords. However, there’s no excuse for not having a strong and secure password nowadays, since it’s actually easy to create one.

What makes a strong and secure password?

One of the most relevant characteristics of a strong password is its length. Having a short password is not a good practice; users tend to only use enough characters until a service accepts it, which makes it easier for it to be uncovered. Passwords should aim to be at least 12 characters long, and longer if possible. Another good practice is to mix letters with different cases, numbers and symbols, in a seemingly random way.

One thing to avoid on a strong password is to add either known personal information or common strings. It’s not okay to use “password”, “123456”, names of cities or countries, your given name or date of birth. Try not to use words or phrases that are related to you.

Create a strong password out of a phrase

A good way to create a strong password that is easy to remember is to create it out of a phrase. This method consists on choosing a phrase you can easily remember and then mixing and changing the characters, keeping in mind the recommendations stated above.

An example of this: if you like reading, you might know that “George Orwell’s 1984 was published in 1948”. Parting from this phrase, you can come out with the strong password “GeOr’1984wapuin1948!”. You just have to remember to keep the first two letters of each word as well as the apostrophe and all the numbers, and add an exclamation mark in the end.

Don’t use the same password in different sites

The security of a password lies on it being unknown. Using the same password in many different sites or applications, and there’s an unfortunate breach in one of them, then your information across all the different websites is compromised. This is a strong reason not to use the same password across different sites.

One trick for this is to have passwords that are similar among them, but not exactly the same. For example, if you already used the password suggested above, you could create a similar one with another of Orwell’s books, or a different author altogether. It’s up to your creativity and memory.

Two-factor authentication

One final tip is to enable two-factor authentication whenever possible. This way, accounts are protected not only by a password (there’s always the possibility of it being uncovered), but also by another step: receiving a text message or validating a temporary key on a mobile device.

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Share this article URL Copied Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market. The letter, signed by

Share this article

Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market.

The letter, signed by House Financial Services Committee Chair Patrick McHenry, House Agriculture Committee Chair Glenn Thompson, Rep. French Hill, and Rep. Dusty Johnson, seeks Yellen’s detailed explanation of how the regulatory framework should be shaped concerning digital assets, following her call earlier today.

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The legislators have argued that the SEC’s retrospective application of the test does little to protect investors, stating:

“Chair Gensler has declared that “the vast majority of crypto tokens likely meet the investment contract test.” However, the final investment contract analysis is backwards looking, made by a court after the transaction in question has been completed. How does this reactive legal authority provide adequate protection for customers, in the absence of comprehensive legislation?”

Congress has also highlighted that the current regulatory framework does not cover a significant portion of the crypto-asset ecosystem, including Bitcoin and Ether. They have asked the Financial Stability Oversight Council (FSOC) whether these cryptocurrencies are considered securities. Led by Yellen, the FSOC brings together key financial regulators to monitor potential risks and safeguard the financial system.

Furthermore, Congressmen have expressed concern about regulatory gaps in spot markets for digital assets that are not considered securities. They are questioning if the Commodity Futures Trading Commission should expand its jurisdiction to include these spot markets, given its existing authority over certain aspects of non-security digital asset transactions. Congress expects to receive answers from Yellen by February 20.

Yellen has been actively advocating for stricter regulations after FTX’s collapse. In a testimony before the House Financial Services Committee on Tuesday, she warned of the risks associated with crypto platforms and stablecoins, urging Congress to enact stricter regulations for the crypto industry.

Share this article

Share this article

Members of the US Congress have posed a list of questions in a recent letter to Treasury Secretary Janet Yellen in response to her call for enhanced oversight of crypto. Notably, they highlighted the limitations of the Howey Test in protecting consumers in the crypto market.

The letter, signed by House Financial Services Committee Chair Patrick McHenry, House Agriculture Committee Chair Glenn Thompson, Rep. French Hill, and Rep. Dusty Johnson, seeks Yellen’s detailed explanation of how the regulatory framework should be shaped concerning digital assets, following her call earlier today.

Congress has requested clarification on the Securities and Exchange Commission’s (SEC) role. Notably, they have raised concerns about the effectiveness of the Howey Test, which is used to determine the classification of a transaction as an investment contract and, thus, a security. Congress is questioning whether the Howey Test is sufficient for providing adequate consumer protection.

The legislators have argued that the SEC’s retrospective application of the test does little to protect investors, stating:

“Chair Gensler has declared that “the vast majority of crypto tokens likely meet the investment contract test.” However, the final investment contract analysis is backwards looking, made by a court after the transaction in question has been completed. How does this reactive legal authority provide adequate protection for customers, in the absence of comprehensive legislation?”

Congress has also highlighted that the current regulatory framework does not cover a significant portion of the crypto-asset ecosystem, including Bitcoin and Ether. They have asked the Financial Stability Oversight Council (FSOC) whether these cryptocurrencies are considered securities. Led by Yellen, the FSOC brings together key financial regulators to monitor potential risks and safeguard the financial system.

Furthermore, Congressmen have expressed concern about regulatory gaps in spot markets for digital assets that are not considered securities. They are questioning if the Commodity Futures Trading Commission should expand its jurisdiction to include these spot markets, given its existing authority over certain aspects of non-security digital asset transactions. Congress expects to receive answers from Yellen by February 20.

Yellen has been actively advocating for stricter regulations after FTX’s collapse. In a testimony before the House Financial Services Committee on Tuesday, she warned of the risks associated with crypto platforms and stablecoins, urging Congress to enact stricter regulations for the crypto industry.

Share this article

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