Home > Ask the Security Experts > Network Security Questions & Answers > Do good passwords make it safer to do banking on an open connection?
Ask The Security Expert: Questions & Answers
EMAIL THIS

Do good passwords make it safer to do banking on an open connection?

Mike Chapple, featured expert EXPERT RESPONSE FROM: Mike Chapple, featured expert

Pose a Question
Other Security Categories
Meet all Security Experts
Become an Expert for this site


Digg This!    StumbleUpon Toolbar StumbleUpon    Bookmark with Delicious Del.icio.us   


>
QUESTION POSED ON: 15 July 2008
If you have set up a strong password on your laptop with DSL, is it safe to conduct financial, banking and other business over the Internet on an open connection in hotels, cafes, camp sites, etc?


BROWSE BY TAG
Network Security,   Network Security: Tools, Products, Software,   Network Firewalls, Routers and Switches,   Enterprise Network Security,   Password Management and Policy,   Identity Management Technology and Strategy,   Enterprise Identity and Access Management,   VIEW ALL TAGS

Digg This!    StumbleUpon Toolbar StumbleUpon    Bookmark with Delicious Del.icio.us   


RELATED CONTENT
Network Security
Should enterprises be running multiple firewalls?
What are best practices for fiber optic cable security?
What are the disadvantages of proxy-based firewalls?
What is the difference between a VPN and remote control?
What are the best practices for IPS implementation?
How to prevent DDoS attacks on websites
How to configure firewall ports for webmail system implementation
How should service providers address VoIP security issues and threats?
Can S/MIME, XML and IPsec operate in one protocol layer?
How to set up a corporate cell phone management strategy

Network Firewalls, Routers and Switches
Firewall rule management best practices
Should enterprises be running multiple firewalls?
What are the disadvantages of proxy-based firewalls?
IT pros find corporate firewall rules tough to navigate
PCI compliance requirement 1: Firewalls
Comparing an application proxy firewall and a gateway server firewall
Microsoft Threat Management Gateway has some drawbacks
Rising Profile
Front-end/back-end firewalls vs. chassis-based firewalls
How to configure a firewall to communicate with an upstream router

Password Management and Policy
Best practices for a privileged access policy to secure user accounts
Mature SIMs do more than log aggregation and correlation
PCI compliance requirement 2: Defaults
PCI compliance requirement 8: Unique IDs
Enterprise password management policy: Finding the balance
Ease the compliance burden with automation
Security book chapter: The Truth About Identity Theft
Recovering lost passwords with Cain & Abel
How to conduct a periodic user access review for account privileges
How to prevent SSH brute force attacks

RELATED GLOSSARY TERMS
Terms from Whatis.com − the technology online dictionary
bastion host  (SearchSecurity.com)
firewall  (SearchSecurity.com)
Firewall Builder  (SearchSecurity.com)
screened subnet  (SearchSecurity.com)
virus  (SearchSecurity.com)

RELATED RESOURCES
2020software.com, trial software downloads for accounting software, ERP software, CRM software and business software systems
Search Bitpipe.com for the latest white papers and business webcasts
Whatis.com, the online computer dictionary


The strength of your password actually has little to do with the security of your computer on a home DSL network. It's far more important to follow some simple tips:

  • Ensure that all of the connections you make to banks, financial institutions and other sensitive locations are encrypted. The easiest way to do this is to verify that the Web address begins with "https." This secure protocol prevents others on the same wireless network from viewing your communications.
  • Enable your firewall so that it blocks all inbound connections. If you're using the Windows Firewall, you'll want to check the "Don't Allow Exceptions" box. This setting prevents anyone on the network from connecting directly to your computer.
  • Verify that you have current antivirus and antispyware software installed on your computer.

With all of these countermeasures in place, your password strength only protects you against a casual thief pecking away at your keyboard when you're not watching. If you're worried about someone sneaking away with your computer (and your data!), you should consider using a disk-encryption product. Microsoft includes an encryption feature called BitLocker in its Windows Vista OS.

More information:

  • See how Windows BitLocker enables disk encryption for better data protection.
  • A reader recently asked Mike Chapple, "What are the best ways to hide system information from network scanning software?" (Login required)




  • Search and Browse the Expert Answer Center
    Search and browse more than 25,000 question and answer pairs from more than 250 TechTarget industry experts.
    Browse our Expert Advice



    Find Security Solutions for Your Business
    Targeted Security Channel Tips for Resellers, Integrators and Consultants
    TechTarget Security Media
    Information Security View this month\\'s issue and subscribe today.
    Information Security Decisions Apply online for free conference admission.
    SearchSecurity.com
    HomeNewsMagazineMultimediaWhite PapersLearningAdviceTopicsEventsAbout Us

    About Us  |  Contact Us  |  For Advertisers  |  For Business Partners  |  Site Index  |  RSS
    TechTarget provides technology professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective purchase decisions and managing their organizations' technology projects - with its network of technology-specific websites, events and online magazines.

    TechTarget Corporate Web Site  |  Media Kits  |  Site Map




    All Rights Reserved, Copyright 2003 - 2009, TechTarget | Read our Privacy Policy
      TechTarget - The IT Media ROI Experts