Hacker attacks and Password Manager: an effective defense for online accounts

Hacker attacks are increasingly sophisticated, and one of the main goals of cybercriminals is to gain unauthorized access to sensitive accounts and information. Passwords are often the weak point in this process, but the use of a password manager can be an effective defense barrier. 

Hacker Attacks on Accounts: 

Hackers use a variety of techniques to gain access to user accounts. These include Phishing, brute force attacks, keylogger and data theft from security breach.

Il Phishing is a major cyber threat and is a tactic widely used by cyber criminals to trick people into obtaining sensitive information, such as passwords, credit card numbers, or personal data. In Italy, attacks of this type are increasingly widespread, putting corporate integrity at serious risk; today it is increasingly difficult for an average user to understand whether an email or a site is actually safe or not. 

Phishing attacks involve sending fraudulent emails, messages, or websites that appear to come from legitimate sources, such as banks, financial institutions, social media, or online services. These messages can appear authentic, prompting victims to lower their guard and share sensitive information.

In this context, Cyber ​​criminals try to obtain valuable personal information, including usernames, passwords, credit card numbers, bank account numbers and other sensitive information. This information can be used to steal money, identities, or carry out further attacks.

Phishing attacks are constantly evolving. Scammers tailor their tactics to appear credible, using social engineering to convince victims to perform malicious actions, such as clicking on malicious links or downloading infected files.

Victims of phishing can suffer serious financial losses, reputational damage, and privacy violations. Companies can incur significant costs to compensate affected customers or resolve data breaches.

The importance of using complex passwords and multifactorial access

To effectively protect your accounts, it is essential to use strong and unique passwords for each service. However, keeping track of all these passwords can become complicated without the help of a password manager. Using passwords alone is no longer enough to protect accounts. 

To ensure security, you need to enable multi-factor authentication, which requires the use of two things: something the user knows (like a password) and something the user owns (like a physical device or authentication application).

Why use Password Managers: 

Password managers are software tools designed to help users manage and protect their passwords and login information for various online services. 

Eurodigit, the Distributor in Italy of LastPass, one of the most popular Password Managers internationally, explains what the requirements of a secure solution should be. 

“First it has to be a secure solution based on Local encryption, so that the saved data does not have the possibility of ever traveling in the clear.

It must be based on the zero knowledge policy and on the knowledge of only one secure Master Password which only the user must know and is necessary to access their safe.,

must use encryption and hashing processes, so as to be sure that the user is the only one who knows their master password and sensitive information in their safe. 

A secure Password Manager is able to automatically generate complex passwords, store passwords in an encrypted database, facilitate access to a registered site without having to remember the password, detect phishing sites, synchronize your credentials between devices, monitor security through the Dark Web, activate the MFA function.”

According to Official Sources, the official cost of cyber attacks will exceed 10 trillion dollars by 2025.

Hacker attacks and Password Manager: an effective defense for online accounts