Rise in cybercrime calls for better password security 19 May 2021 - 8:11 By Ayeni Olusegun | The Peninsula In 2013, Intel (the world’s largest semiconductor chip manufacturer by revenue and developer of the x86 series of microprocessors, the processors found in most personal computers (PCs)), started the World Password Day to be celebrated every first Thursday of May. It was formed to raise awareness of the role strong passwords play in securing our digital lives. Passwords are now an expected and regular part of our data-driven online lives. It is not unusual to need a password for everything, from accessing smartphones, signing into a remote workspace, checking bank statements, and more.