National Economy
Friday, August 29, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Commentary Click Send

Why Cyber Attackers Have You On Their Radar

by Rarzack Olaegbe
3 years ago
in Click Send
Reading Time: 3 mins read
Cyber_Security
Share on FacebookShare on TwitterShare on Telegram

This is not a threat. You can be attacked. Your password may not be strong enough to rescue you. Or it may be too weak to withstand the stress test. Whatever it is you may be attacked. Tonight. If you are a cyber rat, you may be attacked. Any time. That is if you are not finicky about the information you dole out whenever you are online. For instance, the threat actors to wreak havoc can combine your email address, password, your credit card details, and personal information.

 

On The One Hand

Research has shown that there are loads of ways to create strong passwords. One way is using a unique password generator tool. You can use NordPass. It is one of the best password managers. With NordPass, each time you are creating a new account you can automatically generate passwords. It will instantly save your password in a secure vault.

You May Like

Fintech Meets Ethics: Who Are The Drivers Of The Non-interest Bank?

Where Is The Fighting Ground Of Fintech Firms?

You need a strong password. Because hackers use computers to try various combinations of letters, numbers and symbols in search of the right password. With the latest high technology, a hacker can use high-end computers to crack short passwords. Short passwords have only letters and numbers. For instance, Bigmummy is a short password. Hackers would break this instantly. And cart away your money. Or your data.

To avoid this, get a strong password. A strong password comprises a combination of uppercase and lowercase letters. Numbers. Special symbols. A strong password is usually 12 characters long. For instance, iammovingtothenextlevel. The longer your password, the better. Passwords are like the lock on your apartment door. If your lock is weak criminals would have it easy. So, if you have a weak password, it’s like a weak lock. With a weak password, the number of people that can access your accounts increases. The last time you changed your ATM generic personal identification number was four years ago. You have not changed it since then. That is not too good.

The report maintains that a cyberattack on any of the five most active banks in the USA could affect 38 per cent of the network. By extension, bank customers have nothing to lose from cyberattacks on banks if they have to safeguard their information. That is if customers have strong passwords to protect their privacy and funds.

 

On The Other Hand

Cybersecurity is a top concern for banks. Customers may be able to recover their money. But the cyberattacks could render some banks insolvent. Or create panic in the system. And put pressure on the banks. Dataprotect Morocco-based firm shows in its report that banks in sub-Saharan Africa are under-protected. It says more than 85% of the financial institutions reported that they have already fallen victim to at least one cyber-attack resulting in losses. Thirty per cent of cyberattacks involved bankcards. Others involved phishing. That is sending emails with the intention of tricking you into providing your personal information. You need a strong password.

 

On The Sideline

Why do I need to change my password every four years?

Well, you can take that with a pinch of salt.

How would I create a strong password?

Passwords that consist of mixed characters are harder to crack. Do not use your personal information.

To create a strong password, use scenarios. For instance, say, “My cousin has taught me how to create a strong password at home.” You can turn this statement into a strong password when you create random combinations. Like this: Mch2mh2casp@h. That is a very strong password!

Does it mean with a strong password, I can avoid cyberattacks?

It depends.

Is that a threat?

ShareTweetShare
Previous Post

The Crucial Imperative Of A Tinubu Presidency (1)

Next Post

How Gender Equality Can Spur Economic Growth

ANOTHER GOOD READ

Fintech Meets Ethics: Who Are The Drivers Of The Non-interest Bank?
Click Send

Fintech Meets Ethics: Who Are The Drivers Of The Non-interest Bank?

5 days ago
Where Is The Fighting Ground Of Fintech Firms?
Click Send

Where Is The Fighting Ground Of Fintech Firms?

1 month ago
Who Is The Cheat That Got Venture Capitalists’ Millions?
Click Send

Who Is The Cheat That Got Venture Capitalists’ Millions?

2 months ago
FUP: Where Does Your Internet Data Lurk?
Click Send

FUP: Where Does Your Internet Data Lurk?

3 months ago
Could We Yank Mobile Phone Out Of Digital Payments?
Click Send

Could We Yank Mobile Phone Out Of Digital Payments?

5 months ago
Could Cashless Policy Have Gained Traction Without Fintech?
Click Send

Could Cashless Policy Have Gained Traction Without Fintech?

5 months ago
Next Post
Gender

How Gender Equality Can Spur Economic Growth

Most Recent

Manager, 2 Others Nabbed For Alleged Theft, Vandalism At Abia Firm

Police Arrest Suspected Cult Kingpin, 3 Vandals In Akwa Ibom Raids

August 29, 2025
‘How I Became Bank Manager At 27’ — Tony Elumelu

‘How I Became Bank Manager At 27’ — Tony Elumelu

August 29, 2025
Mixed Reactions Trail Federal Govt’s Passport Fee Hike

Mixed Reactions Trail Federal Govt’s Passport Fee Hike

August 29, 2025
Oyo Gov’t Denies False Pensioner Verification Notice

Oyo Gov’t Tackles APC Over N300bn ‘Fresh’ Loan Claim

August 29, 2025
US Says Nigeria’s N70,000 Minimum Wage Below Poverty Income Level

Passport Now Costs More Than Minimum Wage’, Obi Slams Federal Gov’t Over Fees Hike

August 29, 2025
Global Airlines Group Pushes To Raise Pilot Retirement Age To 67

Global Airlines Group Pushes To Raise Pilot Retirement Age To 67

August 28, 2025
Dangote Hails Tinubu Over NNPCL Leadership Choice

Dangote Signs $2.5bn Deal To Build Fertiliser Plant In Ethiopia

August 28, 2025
Nigeria’s Economy Shows Recalibration In H2 2025 Outlook

Govs Back Federal Govt’s $100bn Creative Economy Plan

August 28, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy