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My Top List of the Do's and Don'ts of Online Banking

5 November, 2007

There is a lot of myths around passwords particularly that passwords cannot be cracked.

Here are some Do's and Don'ts. 

Some classic don'ts are

  • Don't use your favourite football team
  • Don't use your pet's name
  • Don't use ‘password' as a password?
  • Don't use the name Thomas
  • Don't use the term ‘security'
  • Don't use your middle name or other names
  • Don't use 123456 (it's the 5th most common)
  • Don't use ‘Letmein' or ‘trustno1'

If you have some classic 'don'ts', add to my list, we could have some fun here!


Some classic do's are

  • Use Alphanumeric passwords
  • Change passwords occasionally
  • Use more random passwords
  • Remember, every password can be cracked

If you have some more classic do's add to the list so we can all share them.

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Discussions

Nick (Sydney) Quote  | 11/06/2007 02:15
If you use internet banking at home on a wireless network, ensure you also protect it with a password. Your online banking access details should always be protected.
Phoebe (Sydney) Quote  | 11/09/2007 10:37
Don't tell your kids your password or pin, mine yelled it out when I was at the ATM at the mall!!
Sean (Melbourne) Quote  | 11/09/2007 12:27
Don't use anything that people may be able to guess at e.g. birthdays, anniversary dates, driver's license no. etc.
The Doc (Sydney) Quote  | 11/11/2008 08:37
Store passwords securely, there are plenty of good software that is cheap (aka free). Try Keepass or Password Safe.

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