Stay Smart Online Week 2019

Cybercrime costs the Australian economy up to $1 billion annually in direct costs alone according to the Australian Criminal Intelligence Commission (ACIC). The human and financial cost of cybercrime is a major problem not just in Australia, but all over the world.

This year, as part of Stay Smart Online Week, we are looking to help raise awareness of cybercrime and ‘Reverse the Threat’.

Strong passwords are the key

Do you use the same password across all your online accounts? If you do, you’re in the 59 per cent of people in Australia who do the same.

You wouldn’t make your house keys easy to access for a criminal, so why would you make your online passwords so easy to crack, so they can take control of your online life.

If a criminal steals your passwords, they can use them to commit a range if cybercrimes which includes:

  • Sending emails from your accounts pretending to be you
  • Withdrawing funds from your bank accounts
  • Accessing sensitive files on your computer
  • Stealing your identity

Six steps to securing your online life

  1. Create long passwords made up of at least four words and twelve characters in length. Pick words that are meaningful to you and easy to remember. For example ‘footballhorsestarhat’
  2. Avoid repeated or sequential characters in passwords. For example ‘999’ or ‘qwerty’
  3. Don’t use easy to predict passwords like a date of birth, name, place of birth or other easily obtainable information from social media accounts or other sources
  4. Use different passwords for all of your accounts
  5. Never share your passwords with anyone
  6. Store your passwords in a reputable password manager, to avoid having to remember them all. Password managers can also generate strong passwords and sync them across multiple devices for you

Two-factor authentication (2FA)

By setting this up on your accounts 2FA will give you an additional layer of protection beyond just your password. It adds another step, in case your password is compromised.

With 2FA you will need a password and an additional check like a code sent in an SMS, email or a finger print scan, before being granted access to your account.

 

For more information on how to reverse the threat of cybercrime this Stay Smart Online Week, visit our Facebook page and the Stay Smart Online website.