![]() ![]() According to the chief executive of specialist insurer Hiscox, in 2016 cybercrime cost the global economy more than $450 billion and over two billion records were stolen. While creating a password may seem like a safe bet, large, reliable companies such as eBay, LinkedIn and most recently Facebook have all been breached, compromising passwords for many of their users. Read on to learn how cyber criminals can hack passwords and password protection techniques. For many online systems, a password is the only thing keeping a hacker from stealing our personal data. Passwords also give us and others access into mobile phones, bank applications, work log-ins, and confidential files. Passwords are the most common way to prove we are who we say we are when it comes to using websites, social media accounts, email, and even the computer itself.
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