Safeguarding Taxpayer Data: Create Strong Passwords | Business
Passwords are often the key to the identification and authentication process for access to your computer, email and encrypted information, both received and transmitted. For this reason, it is critical to your business and the security of your client data that you have strong passwords and that you protect those passwords.
Here are some things you should consider in creating and protecting passwords:
- Longer passwords are safe and more difficult to guess. A strong password should be a minimum of eight characters. It should include a combination of letters, numbers and symbols or special characters. Your password should include at least one uppercase letter, one lowercase letter, one number and one symbol or character.
- Personal information should not be included in your passwords. Names of siblings, children, pets, etc., are generally available on social media, which makes it easier for cybercriminals to figure out your password.
- Avoid using the same password for all of your information systems, accounts or devices. If someone does guess one password, they will not have access to all your systems, devices or data.
- Substitute numbers and symbols for letters in words or phrases to make it more difficult to guess a password.
- Do not share your password and be careful of attempts to trick you into revealing your password.
For additional information, see the Department of Homeland Security’s “Creating a Password Tip Card.”
This is one in a series of security awareness tax tips for tax professionals. The “Protect Your Clients; Protect Yourself” campaign’s goal is to raise awareness among tax professionals. It is an initiative of the Security Summit, a joint project by the IRS, states and the tax community to combat identity theft. Because of the sensitive client data held by tax professionals, cybercriminals increasingly are targeting the tax preparation community.
This information is not intended to be a substitute for specific, individualized tax advice as individual situations will vary. Royal Alliance Associates, Inc., Georgetown Capital and its advisors are not engaged in rendering tax advice.
These links are provided as a convenience and for informational purposes only. We assume no liability for any inaccuracies, errors or omissions in or from any data or other information provided on the pages, or for any actions taken in reliance on any such data or information.
Prepared by the IRS. For more information go to www.irs.gov.
Securities and investment advisory services may not be available in all states.
Representatives offer Securities and Advisory Services through Royal Alliance Associates, Inc., member FINRA/SIPC and a registered investment advisor.
Insurance services offered through Georgetown Capital Group, which is independent of Royal Alliance Associates, Inc. with separate ownership, and is not registered as a broker-dealer or investment advisor.
Joseph V. Curatolo, President of Georgetown Capital Group
5350 Main Street, Williamsville, NY 14221
Phone #(716) 633-9800 Toll Free 1 (800) 648-8091 Fax #(716) 633-9789