The subject matter here about Shared Passwords should be a warning to all those of you who share your passwords with either family or friends.
By Eric Mugendi
March 19, 2016 http://techcabal.com/wp-content/uploads/2016/03/bank-of-uganda.jpg Unknown individuals have made four attempts to illegally transfer US$24 million (UGX81 billion) from the Bank of Uganda to accounts located outside the country.
Officials within the Government of Uganda are believed to have shared passwords with tech-savvy individuals who then logged in to the financial management system and targeted the accounts of the Defence, Energy and Agriculture ministries and the Uganda National Roads Authority (UNRA).
These accounts routinely handled large transfers, so the planned theft would have appeared as a normal transaction at the time.
Full Article
Shared passwords almost cost the Bank of Uganda 24 million dollars
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Well, this is a case of not adhering to Basic 101 rules of security...and it is ironic that it comes from a country that has a very bad reputation as the source of many scams perpetrated on innocents in the West.
Baldrick has a good point and nailed this problem on the head. Rule of thumb.....never......never share your password to anyone period
And also, as importantly, not to make the password easy to guess...which is almost as bad as sharing it with someone else. ;)
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