How Reusing Passwords Is Hurting Your Business
… that passwords are not compromised before being activated and on an ongoing basis. By checking proposed passwords against a database of known, exposed passwords, channel companies and MSPs can obtain much more accurate and real-time protection while also eliminating the resource and financial burden of password complexity.
Of course, with new breaches occurring constantly, it’s highly likely that a password might be secure at its creation but become compromised down the road. As such, it’s also critical that channel companies have an automated, ongoing ability to check password security against a database updated daily rather than a static list of exposed credentials. Should a compromise be detected, it’s important to institute an immediate automated action to secure the account before additional damages can occur.
It’s unrealistic for companies to expect password reuse to change on its own, but it’s also untenable for them to continue to allow the use of exposed credentials. Channel organizations and MSPs can invest in countless cybersecurity solutions but, if employees or stakeholders continue to use weak or compromised credentials, these companies will continue to fall prey to attacks. Implementing an automated way of continuously ensuring password security will drive down help desk costs, increase productivity and ensure much greater account security.
For channel companies competing in crowded markets, this approach not only protects existing clients but also provides a security advantage when going head-to-head in deals. As such, it’s essential that organizations act to reduce risk and stay ahead of the competition.
Michael Greene is CEO of Enzoic, a leading provider of compromised credential screening solutions. Prior to Enzoic, he was the CEO of ID Watchdog, an identity theft protection company that was sold to Equifax in 2017. He’s also held senior management positions at Symantec, Webroot, Thompson Micromedix, Raindance and Baxter. He earned an MBA and a bachelor’s degree in biology from the University of Colorado. Follow Michael on LinkedIn or @EnzoicSecurity on Twitter.
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