Saturday, November 04, 2006

So many usernames and passwords to remember

I am sure many of you guys who enjoy going online have a lot of login names and passwords to remember. You can have the same username and password for all the websites you join but with all these news stories about hackers breaking into personal accounts like brokerages, bank accounts, pay pal etc. you should be a little worried.

I used to use the same password for most of my accounts. I have accounts with google, yahoo, msn, bloglines, delicious, mybloglog etc. If I had different passwords it would be a hassle to try to remember them all. I discovered a cool program call KeePass from Lifehacker. With it I generated different secure passwords for each website. The program also has a autotype function which allows me to login with one click of a mouse or a hot key.

KeePass is a free/open-source password manager or safe which helps you to manage your passwords in a secure way. You can put all your passwords in one database, which is locked with one master key or a key-disk. So you only have to remember one single master password or insert the key-disk to unlock the whole database. The databases are encrypted using the best and most secure encryption algorithms currently known (AES and Twofish).

1 comment:

Adrian said...

I've been using Password Safe for years now. It was written by Bruce Schneier's Counterpane Labs (he's the guy that wrote the Cryptography bible), is open source and has stood the test of time. Big thumbs up.

About Me

I have been trading for 5 years. It took close to a year before I became profitable. I find that I am improving gradually each year. My method of choice is scalping. My edge lies in tape reading NYSE stocks and staying on the side of the specialist. That is the method I learned when I started. As I build up my capital I will try new styles and trade new markets. In late 2006 my trading hit a rough patch after the introduction of the NYSE Hybrid system. For most of 2007, I have been on a search for new strategies that would help me adapt to the market.