How hackers steal your passwords (and tips on managing passwords correctly)

Weak passwords are easy to break; and hackers easily take low-hanging account credentials to steal more sensitive information to perform identity fraud, blackmail, extortion, and other malicious activities.

According to research, “theft of user credentials might even be more dangerous than personally identifiable information (PII) as it essentially exposes the victim's online accounts…”. Email is often used to verify credentials and store information from other accounts, and a compromised email account can lead to further instances of fraud and identity theft.