As a small business owner, you can't afford to have your identity or business information stolen. Using the internet to help run your business is absolutely necessary, but being lax about the passwords you use on banking, hosting and other business sites is short-sighted and dangerous.
So, what makes a good, strong password, one that a hacker is unlikely to discover? Microsoft recommends several strategies in their article: Strong passwords: How to create and use them
We all know not to use our children or pet's name. In addition, don't use any word in the dictionary, and refrain from using common words with numbers at the beginning or end of them (like 25melon or george153) as your password.
On systems that ask you to change your password every 30 days, don't re-use passwords you've used in the past. Even if a site does not require you to change your password monthly, it's a good idea to change it every few months anyway.
When creating a password, use 7 or 8 characters, and a combination of alphabetical characters (A to Z), numerical characters (0 to 9), and symbols. Using upper and lower case letters makes it even stronger.
For instance, TiMp39AyCgI is a great password. How in the world would I remember such a complicated password?
TIMP stands for "this is my password"
39 was the year my mother was born
AYCGI stands for "and you can't get it"
See? It can be easy to create and remember strong passwords if you just get a little creative.
Finally, don't store your passwords in a file on your PC. If your PC is compromised by hackers via the internet, or if your computer is stolen, people can easily find and open that file, and steal all your passwords in one fell-swoop. If you must create a file on your PC to store your passwords, password-protect THAT file with a strong password; or better yet, encrypt the file.
And remember, if you ever have to give any of these passwords to employees or contractors, change them as soon as the employee or contractor no longer needs to use them.
Want to test your password to see if it's strong enough? Use this password tester: Password checker
Karyn Greenstreet is a Self Employment expert and small business coach. She shares techniques, skills and strategies with self-employed people to boost motivation, create clear goals and cohesive plans, and increase profits. Visit her website at http://www.PassionForBusiness.com