The Expert Podcast

Introduction:
  • Discussing the vulnerability of passwords in cybersecurity.
  • Reference to Forbes article on AI algorithms cracking passwords.
Main Points:
  • Password Vulnerability: AI algorithms can guess 87 million passwords in under a minute.
  • Brute Force Attacks: Many passwords can be cracked inexpensively and quickly.
  • Two-Factor Authentication: Importance of using additional security measures.
  • Sim Swapping: Risks and precautions against phone number spoofing.
Actionable Tips:
  • 7-Day Rule: Use Google's recovery options to reset passwords promptly.
  • Response Preparation: Have a plan ready in case of a cyberattack on your accounts.
  • Multi-Factor Authentication: Enhance security with multi-layered authentication.
Conclusion:
  • Recap on the limitations of passwords and the importance of proactive cybersecurity measures.
  • Encouragement to seek expert advice and consultation on cybersecurity issues.

What is The Expert Podcast?

The Expert Podcast brings you firsthand narratives from experts across diverse industries, including private investigators, general contractors and builders, insurance agencies, vehicle specialists, lawyers, and many others.

Don't change anything; let the original ideas stay, and just arrange it by paragraph: So if you think a really good password is going to keep out the hackers, guess again. Because they're guessing, according to this great article in Forbes, an algorithm—an AI algorithm—guessed 87 million passwords in under a minute. So, this system can crank through passwords and guess them, and it's not really expensive—just a few dollars and a little time. A smart brute-force algorithm cracked most passwords, and it's something where if your banking information, your business information, your private information is behind a password, it could be cracked.

Now, you may have two-factor authentication, which is good. But those can also be spoofed with SIM swapping. So, make sure that you have really good preparation for what would happen if you get hacked. One of the things that people are recommending is to have the 7-Day rule on your Google account. So if a password has changed, you can change it back within 7 days, even if you don't have the new password. You can trigger it to go back. Also, make sure you have a good response prepared in place if your bank account was hacked, if your business is compromised.

Passwords are great, but they're not all they're cracked up to be. Make sure you have multi-factor authentication and you have a plan in place if you have a cyber attack to make sure that the damages don't go beyond what you want them to.