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I thought I'd share this with the community. I read about this in a magazine this October when I was on vacation. It's a simple way to have a different password for each website. But also be easy to remember.
Here is the technique they said to use. You have a key password you reuse. In this example let's have it be: Password
You use the first letter of each word of the website. For example Facebook, your password would be: fbPassword
Or you could just use the first 2 or 3 letters of the domain as well. I would capitalize the first letter of your password and maybe throw a number at the end if the password itself doesn't already have a number.
How secure is your password? http://howsecureismypassword.net
The password I created for the site above would take about 6 thousand years to hack.
ehh algorithmic passwords have their own flaws. I use a more circular method. I maintain about 7 different passwords.. but one day if I ever get time I'm going to finish migrating and it'll just be three. One simple password for stuff like twitter, facebook, PS3Blog.net etc, one password for more tight stuff like banking, OSAP/FAFSA etc, and my gmail password. Each password will be randomly generated at http://www.pctools.com/guides/password/ (two of my passwords are random already. Right now i have a google doc with most of my random passwords and such. But i have to include stuff like the 4 YT accounts i created in case i need to sign into YT and thumb-down a stupid video or something. it has my families passwords though i usually just use memory for that. I maps out passwords i rarely use like half.com or ebay and stuff so i know which password i used where and don't have to keep resetting all the time especially when I don't use my real e-mail address.
My older sister does use an algorithmic password like the one described.. it does her no good. it's just a huge headaches for me because her base-key is annoying to type.
Speaking of passwords I kinda wish I could punch some people in the balls every time my family asks me to check something for them. I was just reading an article on how [Insert Name here] was wrong about passwords being gone by 2011 (I did just read another article about IBM saying passwords are on the way out). I remembered those articles when they first came out and I hated them more than I hate people who insist HD is better*. Anyhow computers stop using passwords that's the end of tech support and I'll be left trying to explain computers to people who do things like save EVERY document to the desktop or double click hyperlinks, because I won't be able to log into their computer without them.
* For the record last i checked that was about 3 times more than people who insist that widescreen is better than a 4:3 ratio
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