Craft better passwords to fight identity theft - here's how

Here are some sobering statistics. Seven of every ten people use the same password for more than one web site they sign on to. 64% have written down their password at least once. A recent study found that 80% of Londoners have never changed their bank PIN. Women are twice as likely to choose the same PIN for multiple cards. Some 24% of us must remember five to seven passwords, while 12% need to recall more than 15. Another study found that 88% of respondents had forgotten a password within the past two years and had to request to have it reset.

What I see here is a vulnerability to identity theft, a threat ranging from annoying (trashing your Facebook page) to serious (accessing your bank accounts). So how can you tighten up your password creation without losing your mind? suggests this scheme: