Protecting your SaaS Application Users from Password Hacking Vulnerabilities

Password hacking is a major security concern for many businesses and individuals that an average cost of password breach costs nearly $9.5 million in the US. Hackers use a variety of tactics to gain access to sensitive information, such as passwords, bank accounts, and other personal data. While there is no foolproof way to protect yourself from hackers, there are steps you can take to reduce the risk of having your passwords stolen.

One of the most common tactics used by hackers is brute force attacks. In a brute force attack, the hacker attempts to guess a user’s password by trying every possible combination of characters. This method can be extremely time-consuming and is often unsuccessful, but it is still a major threat. To protect yourself from brute force attacks, you should use strong passwords that are at least 8 characters long and contain a mix of upper and lowercase letters, numbers, and symbols.

Another common tactic used by hackers is phishing. In a phishing attack, the hacker sends an email or text message that appears to be from a legitimate source, such as a bank or online retailer. The message usually contains a link that leads to a malicious website or a form that requests personal information, such as passwords or credit card numbers. To protect yourself from phishing attacks, you should never click on links or open attachments from unknown sources.

Hackers can also use social engineering techniques to gain access to passwords. In a social engineering attack, the hacker attempts to trick a user into revealing their password by posing as a legitimate source. For example, the hacker might send an email pretending to be from a bank or online retailer, asking the user to provide their password for security purposes. To protect yourself from social engineering attacks, you should never give out your password to anyone, even if they appear to be from a legitimate source.

Finally, hackers can use keylogging software to capture passwords. Keylogging software records every keystroke made on a computer, including passwords and other sensitive information. To protect yourself from keylogging software, you should use a strong antivirus program and keep your operating system and software up to date.

By following these simple steps, you can greatly reduce the risk of having your passwords stolen by hackers. However, it is important to remember that no system is 100% secure. The best way to protect yourself is to stay aware of the latest security threats and be proactive in protecting your passwords and other sensitive information.

Vault Vision’s user authentication platform integrates with all major security authentication protocols to protect your users from password breaches, contact us for a demo here.