Tags: brute force | hack | financial | password

An Important Investment Lesson From Jennifer Lawrence's Nudes

By    |   Wednesday, 10 Sep 2014 08:18 AM

Celebrity photos were hacked and released on the Internet. The photos themselves aren't very newsworthy. The important lesson is how easy it is for hackers to steal data from the cloud. Even if you aren't a celebrity, you should take minimal steps to ensure your financial data is safe.

Some reports claimed the photos were stolen in a brute force attack. This is a relatively simple hacking technique. With an account name or email address, hackers just guess the password until they get into the account. Files are available to automate the process and the program just runs through every possible combination of letters, numbers and symbols until the correct one is found.

Brute force hacking is an old problem and many web sites have taken a simple step to stop it. If you've ever been locked out of an account after several mistyped passwords you have seen the defensive measure that prevents this type of attack.

With real money at stake, it could be worth testing your financial accounts to be sure your provider has a lockout feature enabled. You could simply mistype your password several times to trigger a lockout. I'd do this only during business hours in case a phone call is needed to reactivate the account.

If your financial services providers don't have protection against a brute force password attack in place, you should consider asking how they protect your money.

You should also consider how every news headlines affects you and your money. Nude photos of celebrities have no impact on the lives of most people, but they show a potentially serious security flaw could exist at Apple and elsewhere. This headline should prompt every investor to investigate the security of their brokers, banks and credit card companies.

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MichaelCarr
Celebrity photos were hacked and released on the Internet. The photos themselves aren't very newsworthy. The important lesson is how easy it is for hackers to steal data from the cloud. Even if you aren't a celebrity, you should take minimal steps to ensure your financial data is safe.
brute force, hack, financial, password
293
2014-18-10
Wednesday, 10 Sep 2014 08:18 AM
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