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Every time there is another data breach, we are asked to change our password at the breached entity. Our continued reliance on passwords for authentication has contributed to one toxic data spill or hack after another.
In November 2022, the passwordmanager service LastPass disclosed a breach in which hackers stole password vaults containing both encrypted and plaintext data for more than 25 million users. “If you have my seed phrase, you can copy and paste that into your wallet, and then you can see all my accounts. . But on Nov.
In both cases the readers used passwordmanagers to select strong, unique passwords for their Experian accounts. Turner said he created the account at Experian in 2020 to place a security freeze on his credit file, and that he used a passwordmanager to select and store a strong, unique password for his Experian account.
Sure, the card associations and your bank are quick to point out that you’re not liable for fraudulent charges that you report in a timely manner, whether it’s debit or a credit card. Does the bank reimburse you when your credit score takes a ding because your mortgage or car payment was late? Don’t hold your breath.
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