NatWest Bank has a seemingly new section on its website where it has posted a number of videos about computer security.
A noble effort, and one which I’m sure they did with the right intentions – but I’m afraid that their advice around online passwords is flawed.
As I explain in my video response, their advice on how people can remember lots of different passwords for different websites is fundamentally flawed.
The problem? They’re telling people to use a formula to create their password. Yes, that does mean that users will end up with different passwords, but it also means that if someone finds out your password in one place and also determines your formula, then they will be able to unlock your accounts anywhere else online too.
Not a great solution, especially when the person trying to crack your accounts might be a former partner who you once shared one of your passwords (and your formula) with.
Instead, use a password manager. Then you will have truly unique, hard-to-crack passwords for all of your online accounts.
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Hat-tip: Thanks to IT consultant Paul Moore for first bringing NatWest’s contentious video to my attention, and came up with the great title for the video.