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Password Guru Regrets Advice

Why is he changing his tune?
David N. Feldman is a partner at Duane Morris LLP, where he concentrates his practice on corporate and securities law and mergers and acquisitions, as well as general representation of public and private companies, entrepreneurs, investors, and private equity and venture capital firms. Mr. Feldman also advises small businesses with regard to alternatives to traditional financing through initial public offerings. His popular blog at www.DavidFeldmanBlog.com, focusing on entrepreneurship and the regulatory environment, has been recognized by LexisNexis as a Top 25 corporate law blog, and his videos appear on his YouTube channel, The Entrepreneur’s Advocate. Mr. Feldman is a 1985 graduate of the University of Pennsylvania Law School, where he was managing editor of the student newspaper, the Penn Law Forum, and a graduate of the Wharton School of the University of Pennsylvania. He has served as chair of the board of Wharton’s global alumni association.
David N. Feldman is a partner at Duane Morris LLP, where he concentrates his practice on corporate and securities law and mergers and acquisitions, as well as general representation of public and private companies, entrepreneurs, investors, and private equity and venture capital firms. Mr. Feldman also advises small businesses with regard to alternatives to traditional financing through initial public offerings. His popular blog at www.DavidFeldmanBlog.com, focusing on entrepreneurship and the regulatory environment, has been recognized by LexisNexis as a Top 25 corporate law blog, and his videos appear on his YouTube channel, The Entrepreneur’s Advocate. Mr. Feldman is a 1985 graduate of the University of Pennsylvania Law School, where he was managing editor of the student newspaper, the Penn Law Forum, and a graduate of the Wharton School of the University of Pennsylvania. He has served as chair of the board of Wharton’s global alumni association.

The Wall Street Journal reports that Bill Burr, who worked for the US Government, in 2003 issued a guide on the best way to create strong passwords. Combine letters, numbers and symbols he said. Change it regularly he said. Burr now admits he messed up. “Much of what I did I now regret,” he says in the WSJ piece. He says he relied on a paper from the mid-80s, well before the Internet took off, and was pressured to issue his guidance quickly.

Why is he changing his tune? Well, apparently it is easier for hackers to break through something like Pa55word! than, for example, a series of four words connected without spaces. And it also appears there is no need to keep changing passwords without some evidence of it being hacked. There have been other similar incidents. Bill Gates, for example, in 2013 admitted he regrets the whole concept of “control-alt-delete” (he blames IBM).

So maybe my new password should be “passwordgururegretsadvice.”

The Fed model compares the return profile of stocks and US government bonds.