Zomato hack: You need to enhance online security with a password manager
The article by Sanjay Kumar Singh was published in the Business Standard on May 23, 2017.
Recently, food-tech company Zomato suffered a security breach where 17 million user records were stolen, including email addresses and passwords. Such hacking incidents can have wider consequences, including, in the gravest of scenarios, financial losses. They emphasise the need for people to adopt newer protection mechanisms, such as password managers.
In Zomato's case, the passwords are said to be hashed, which means they were converted into unintelligible characters. However, experts say that depending on the hashing protocol used, hashes can be re-engineered to generate the password.
The hacking of one account can have wider ramifications. "By hacking one account, hackers get access to your email ID and password. To save themselves the bother of remembering many passwords, users often use the same password in all their accounts. So, the hackers get access to your email and other accounts. Sometimes, they use your email account to reset the passwords in your other accounts," explains Shomiron Das Gupta of NetMonastery, a threat management provider. He adds that people often store sensitive information, including their net banking and credit card numbers and passwords within their email accounts. Also, on a website like Amazon, you can only view the last four digits of your credit card number. Other websites may not blur this information, in which case hackers would get access to this and other sensitive information.
Experts recommend you create complex passwords and use different ones for different accounts. Since generating complex passwords and remembering them all is difficult, you should use a password manager. Some of the good ones are LastPass, 1Password, Dashlane and TrueKey.
Password managers can generate long and complex passwords that are difficult to replicate. They also remember on your behalf the passwords on all the sites and apps you use. Also, hackers sometimes steal passwords by inserting a malware that copies keystrokes. Since a password manager inputs the password, you don't have to type them in, thereby doing away with the risk of your keystrokes being captured and stolen.
Browsers like Google Chrome and Mozilla Firefox also offer password managers. However, if you wish to use your password manager across browsers and apps, use a third-party one like those mentioned above. And while a password manager that is stored locally is safer, one that is cloud-based is more convenient, since you can use it across devices having internet connection. Password managers also offer two-factor authentication. They either send a password to your phone or generate it on your device. Unless your device also gets stolen, the password manager is difficult to break into.
As for whether password managers are themselves safe, experts concede they are a prime target for hackers who know that the information stored within will be valuable. "The password manager is safe provided you set a strong master password. Your password should have at least 13 characters of which two should be small, two should be in capital, two should be random numbers, and two should be special characters. Using a word that is not there in the dictionary will enhance its strength. Keep changing your master password every three-six months," says Udbhav Tiwari, policy officer at the Centre for Internet and Society, Bengaluru. Since their primary job is to provide security, most password managers do have strong security practices, he adds.
Most password managers offer a free account but you have to pay to use their advanced security features.