Deloitte: Use a Longer Password In 2013. Seriously.
clustro writes "Deloitte predicts that 8-character passwords will become insecure in 2013. Humans have trouble remembering passwords with more than seven characters, and it is difficult to enter long, complex passwords into mobile devices. Users have not adapted to increased computing power available to crackers, and continue to use bad practices such as using common and short passwords, and re-using passwords across multiple websites. A recent study showed that using the 10000 most common passwords would have cracked >98% of 6 million user accounts. All of these problems have the potential for a huge security hazard. Password vaults are likely to become more widely used out of necessity. Multifactor authentication strategies, such as phone texts, iris scans, and dongles are also likely to become more widespread, especially by banks."
correcthorsebatterystaple. It's a perfectly long, easy to remember password. Just, nobody use it other than me, ok?
I used my online banking today and they limit to 8 characters EXACTLY... even though they demand a non alpha-numeric character and mixed case. I keep thinking, these idiots still don't get it. Also, obligatory.
If computers were people, I'd be a misanthrope.
Some password requirements are perfectly acceptable, even encouraged. There exist plenty, however, that just make one scratch one's head. Why would a maximum length any lower than several hundred characters ever be necessary? More egregious limitations include requiring an insanely complex number of symbol/letter/number combinations (easy for AI, hard for humans, as XKCD eloquently points out) and, of course, passwords restricted to numbers only. Sadly financial institutions seem to be fond of this one, possibly under the mentality that a PIN is just as good as a password, and customers won't forget that!
I think some places encourage short passwords. StudentLoans.com is Citibank's site for, you guessed it, student loans. The MAX password length is eight characters. That only encouraged me to pay off my loan to them faster just so I wouldn't have to deal with security like that.
Of course, nowhere in the signup do they warn you that only the first eight characters of your password will be accepted, nor does the login box limit you to inputting eight characters. I signed up with abcdef12345678 and tried signing in with abcdef12345678 but it gave me password refused. By luck, I tried abcdef12 and it worked. Screw Citi and all of the others still using password schemes from the early 90s
xapsdogien32
> Error: Must include at least one punctuation character.
xapsdogien32!
> Error: Must not contain a dictionary word.
xapsd_ogien32!
>Error: Maximum length twelve characters.
psd_ogien32!
> Error: Must include an uppercase character.
A1!
> OK
12? I know a freaking BANK where the character limit for the password is 8. Yep 8 character password to online banking.
I was an IBM security consultant for about 10 years. I worked for all sorts of corporations big and small, talking to them about their security practices. Do you know which industry consistently had the worst security practices? Banking. It's amazing. I once talked to a bank that moves very large amounts of money (9+ figures) daily in wire transfers, communicated by kermit transfer of unencrypted files over a dialup modem. This was around 2005, and it actually wouldn't shock me to learn they're still doing it the same way.
Now I work for Google, and part of my job entails setting up secure communications with banks. Almost without exception every bank tries to argue us into lowering our security requirements. It's not like we're asking for anything crazy, either: strong encryption and mutual authentication using standard algorithms and protocols and adequately-large keys (e.g. 2048-bit RSA, 128-bit AES, etc.), with proper key exchange protocols and periodic key rotations. It's not rocket science, but it's beyond the IT staff of most banks.
I am frankly amazed that there aren't more major security breaches in our banking infrastructure.
Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.