Young Upstarts

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The Best Ways To Keep Your Business Passwords Safe

Some of the things you have to think about when you own a business are obvious. For example, you have to develop products that people actually want to buy and you have to balance your finances. Other things aren’t so obvious.

You have to think about SOC compliance so customers trust you to keep their information secure, but you also have to think about keeping your own information secure. That means thinking carefully about the safety of your passwords.

Password safety starts with choosing the right passwords so a hacker can’t guess your login information, but it doesn’t end there. You have to follow these tips to make sure the passwords you choose don’t end up in the wrong hands.

Control Who Has Access.

One of the most effective ways to keep your business passwords safe is to control who has access to the various areas of your system instead of giving everyone in the company complete access.

By dividing your system up into chunks and only enabling users to gain access to certain areas, you never have to worry about someone leaving the company. They won’t be able to sell your trade secrets because they were able to study up on every detail of how your business runs.

Use a Password Manager.

Nearly everything requires a password nowadays. That means your company systems require a password, but so does your social media accounts, email accounts, and more. How are you supposed to remember them all!

A password manager is a good option. A few good choices include:

  • Blur features both local storage and a cloud-based vault with password capture, autofill, and a password generator.
  • Keeper uses single sign-on technology and integrates with Duo to provide one-tap authentication and fingerprint sign-in.
  • Last Pass is a cloud-only service that is more affordable than many of its competitors

Enable Two-Step Verification.

Two-step verification is a quick and easy way to make sure someone who gets a hold of your password information can’t log into your accounts. That’s because this technology requires more than just a password to log you in.

With two-step verification, you also need to enter an additional code that’s either sent to your email account or texted to your phone. Even if a hacker has your password, they won’t have access to that code, which will stop them in their tracks.

Write Down All Login Information.

Don’t forget about the old-fashioned way of keeping your login information secure! Writing down your login information is a great way to make sure you have the info you need, even if your computer is experiencing problems.

You just have to make sure you’re careful about where you store that piece of paper! Keep it away from your computer. Locking it up in a small safe or hiding it in the office is a good idea.

Don’t just create a password and forget it! With these tips, you can make sure you aren’t ever locked out of your accounts, and you can make sure hackers can’t access your accounts either.

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Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.

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