I do all of my bill-paying online. The one downside of accessing your online accounts are passwords. Passwords should be strong, and also unique for each account you have. I keep mine fairly strong and unique with a system — basically I use a series of letters and numbers that is different for each website. I don’t want to go into details (for obvious reasons), but as long as I know the sequence, it’s a pretty easy system to use.
This morning I was reading an article about identity theft, and a specific case involving a stolen laptop. As I was reading the article, it occurred to me: even though I have that password system, I keep a file with that information my computer. That file has links to the websites, login names, and passwords for ALL of my accounts (including bank and credit card accounts). If someone were to break in and steal my computer…
I just finished removing all password information from that file.
How secure are your passwords?