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Did you know that the average cost of a data breach in 2024 was $4.88 million USD? Today we're talking about something that affects everyone, password security. The National Institute of Standards and Technology or NIST has set guidelines that completely change the way we think about passwords. So if you're tired of constantly changing your passwords or remembering complex combinations, this video is for you. So what exactly is NIST? Under the Federal Information Security Management Act of 2014, this government organization develops information security and privacy standards. It is a federal agency under the U.S. Department of Commerce that helps promote innovation and industrial competitiveness. This non-regulatory agency provides security guidelines to help strengthen cybersecurity standards. NIST has established password recommendations that focus on improving security while also simplifying password management best practices. They regularly update these digital identity guidelines or DIG, which includes topics such as enrollment and identity proofing, authentication and life cycle management, federation and assertions, and risk management and identity models. You can find current NIST password guidelines in the NIST SP 800-63 series of documents. For years, we've been told to create long, complex passwords with numbers, symbols, and uppercase letters. But NIST now recommends a different approach. Instead of forcing frequent password changes and impossible-to-remember combinations, the new guidelines focus on security and usability. So what does NIST recommend? Here are the main takeaways. Longer passwords over complex ones. Instead of an eight-character password with special characters, NIST suggests using passphrases with at least eight, but preferably up to 64 characters. No more frequent resets. Previously, companies forced you to change your password every 90 days. NIST says that actually leads to weaker security because people create predictable patterns. Now resets are only needed if there's evidence of compromise. No special character requirements. That's right. You don't have to use random symbols or capital letters unless you want them. Instead, the focus is on making passwords long and memorable. Screening for compromised passwords. Organizations should check all new passwords against known breaches and bad passwords. This helps prevent hackers from using leaked credentials to access your accounts. Use of multi-factor authentication or MFA. NIST strongly encourages MFA to add an extra layer of security. So even if your password gets compromised, hackers can't get in without a second verification step. So why does this matter? These guidelines aren't just about making life easier. They actually improve security by reducing weak and reused passwords. Plus, if you work in health care or deal with compliance regulations, following these standards helps protect sensitive information. All right. So here are some quick tips to apply NIST guidelines to your organization right now. Switch to a long passphrase that's easy to remember. Use a password manager to keep track of your credentials. Educate and train employees on security practices. And enable multi-factor authentication wherever possible. Breached passwords remain a constant threat to businesses and individuals alike. Making sure you are following NIST guidelines can help safeguard your important information through secure password creation and adhering to digital identity guidelines. ►Reach out to Etactics @ https://www.k2grc.com ►Subscribe: https://rb.gy/6hqovf to learn more tips and tricks in governance, risk and compliance. ►Find us on LinkedIn: / k2-grc #NIST #Compliance