We have always had a robust and effective data protection program in place which complies with existing law and abides by the data protection principles. However, we recognize our obligations in updating and expanding our RoboForm Online / RoboForm for Business portals…
Separation of privileges and non-repudiation for the banking industry through the lens of password management
In order to provide non-repudiation, enforcing the separation of privileges is paramount. A component of privilege separation is the requirement to NOT SHARE PASSWORDS among ANY of the system users including between end users and administrators.
A vastly improved version of the RoboForm for Microsoft Edge extension is now available in the Microsoft Store.
According to a 2016 national survey conducted by the Pew Research Center “84% of online adults rely primarily on memorization or pen and paper as their main (or only) approach to password management. In addition, 25% admit to using simple and less secure passwords to assist with memorization.”
Strong passwords are critical as they aid in the protection of company data by bolstering defenses against brute force attacks.
For one reason or another, we all have to change our passwords every now and again. Perhaps a specific application requires a monthly password update; you may have forgotten your password for a particular account; or maybe there was a data breach that required a password reset.