Consumer Spending Over Black Friday Through Cyber Monday Is Forecast to Grow by 47% – Are Your Online Accounts Going to Be Hacked?

With Black Friday and Cyber Monday quickly approaching, now is the time to make sure your online accounts are protected. Protected with an additional layer of security using two-factor authentication (2FA).

Everyday headlines make it clear that plain old passwords are an inadequate  form of security and clearly not enough when it comes to keeping our communications, accounts, and sensitive data secure. While passwords alone grant access by asking for “something you know,” 2FA requires both this and “something you have” in order to grant access. Even if a fraudster has acquired your password, unless they’re you and have your phone or other trusted device in their hand, it will be much more difficult for them to gain access to your accounts.

Hackers can crack most passwords in seconds and poor password habits like reusing the same password across multiple accounts (something that is done for a whopping 73% of online accounts), leaves users vulnerable. At a time when people are more connected than ever, adding an additional layer of security to online accounts is not just smart, it’s essential.

According to Verizon Data Breach Investigations Report, 81% of hacking-related breaches involved either stolen or weak passwords. Two-factor authentication could have prevented many of the cyberattacks that have hit the news lately, including the Anthem breach that affected 80 million people.

Protecting accounts with 2FA significantly decreases the risk of a hacker accessing your online accounts, by combining your password (something you know) with a second factor, like your mobile phone (something you have). With 2FA turned on for your banking, shopping, social media or other accounts, even if a hacker steals your password they can’t break into your account.

2FA is the next level of security—and it offers better peace of mind. Stay safe online!

Turn On 2FA Now!  Check out our step-by-step instructions on enabling the free security feature that prevents hackers from accessing your accounts, even if they know your password.