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Computerized Investing > Second Quarter 2013

Tips for Thwarting Hackers

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by Wayne A. Thorp, CFA

At the beginning of March, Evernote, the popular online note-taking service, reported that it had fallen victim to a hack that exposed customer usernames, email addresses associated with Evernote accounts and encrypted passwords.

The company was quick to point out that passwords stored by Evernote are protected by one-way encryption, making them difficult, but not impossible, to decipher, and that they found “no evidence” that user content was affected or that sensitive financial information was stolen. However, the company did take the extraordinary step of resetting the passwords of roughly 50 million user accounts.

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