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INSIDE LOOK

Tips For World Password Day by Synopsys

W FF By Nabil Hannan, Managing Principal (Financial Services, Software Integrity Group), Synopsys

ith many password leaks on the internet, organisations are starting to realise how important it is to store passwords securely in their applications.

Storing passwords securely is not quite as straightforward as just hashing or encrypting the password and storing it. The trends I’m currently seeing in the industry are: 1. Organisations are moving away from just username and password model (1 factor) to a 2 factor authentication model to protect their users in the event that their passwords get breached 2. Social logins are gaining popularity and becoming easier to integrate. Organisations are leveraging social logins to make signing up/authentication easier for the end user.

Top Password Best Practices For organisations, it is crucial to institute the practices of having strong passwords, regularly having users change their passwords and making sure passwords are stored securely.

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