Published On: October 1st, 2024Categories: Farm Education

Cybersecurity is critical for farmers and ranchers in today’s technology-driven agriculture industry. As more agricultural operations utilize technological advances for increased efficiency, producers must prioritize protecting their personal information from potential cyber threats.

Despite the growing awareness of online security, poor cybersecurity habits are still too common. As the amount of business conducted online continues to increase, it’s essential to remain vigilant and to follow steps to secure sensitive data.

Looking to safeguard your operation today? Take note of these three cybersecurity tips for farmers and ranchers, straight from HPFC’s Chief Risk Officer, Travis Holdeman.

Mix It Up With Secure Passwords

Headshot of Travis Holdeman, Chief Risk Officer

Travis Holdeman, Chief Risk Officer

While nobody really likes having to manage multiple passwords, it’s best if you create a different password for each of your accounts and change them regularly. Plus, the longer the password the better.

With the tools hackers use these days, simple eight-character passwords consisting of only numbers can be hacked in 37 seconds. In contrast, a 16-character password consisting of only numbers would take 119 years. Add 16 characters with a mix of upper and lower case letters, numbers, and special characters, and the time to crack increases exponentially.

Regardless of length, it’s best not to use dictionary words or sequential numbers. Instead of “Password123456,” use “Pa$$word976307,” “P@ssWord#49531,” or some other combination of uppercase letters, lowercase letters, numbers, and special characters.

If you’re thinking that remembering complex passwords for each account might be difficult, consider a password management tool. Options like Keeper or LastPass significantly ease the burden of managing all your unique (and complex) passwords.

Use Multi-Factor Verification to Access Accounts Online

To enhance the security of your online accounts, whenever possible, be sure to take advantage of multi-factor authentication (also known as 2FA). This usually involves a call, email, or text message with an additional code after your password has been successfully submitted. Sometimes you can even use a third-party app, like Google Authenticator, that will generate a random code that refreshes every 30 seconds. You should consider using 2FA with all financial accounts and any account that may store debit or credit card information for payments. You might even be surprised to learn that your social media accounts support and highly recommend this type of login verification process.

Look Out for Phishing Attacks

Hackers will go to great lengths impersonating trusted individuals or companies you do business with in attempts to collect personal information from you. Be wary of emails asking you to click on links or open attachments that you are not expecting. Always verify by calling your financial institution or any other individual to ensure they sent an email to you requesting information.

Farmers and ranchers that follow cybersecurity best practices can help protect their operations and their finances.

Strong and secure passwords should be used for all your accounts.

Training on Cybersecurity

While these three tips can reduce your chances of experiencing a cybersecurity event, they’re just the beginning! At High Plains Farm Credit, we’re consistently training our staff and assessing their knowledge of cybersecurity. As you continue to conduct business online, we’re excited to help you keep your operation secure by sharing some of our best resources!

Learn more from the HPFC team or check out this Forbes Advisor resource to understand the risks and potential consequences of a cybersecurity event.

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