Wisdom On Password Risk

BY STANLEY ZAROWIN

In the February JofA , I responded to a reader’s query about how to set his Internet browser so it would store selected Web site passwords. Several readers took me to task for failing to issue a warning that such a practice can be risky. I concede the practice is risky, but it’s a trade-off against convenience. However, I certainly would never set my browser to store passwords in a laptop, which is mobile and therefore more vulnerable to loss and public exposure. And there are some passwords, such as bank and security account codes, that always should be kept as secure as possible. So be advised. 

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.