I have written about it before but after the recent hack on LinkedIn I think that the importance of passwords is due another mention.
The most common passwords hacked from LinkedIn:

link
1234
work
god
job
12345
angel
the
ilove
sex
jesus
connect
fu*k
monkey
123456
master
b*tch
d*ck
michael
jordan
dragon
soccer
killer
654321
pepper
devil
princess
1234567
iloveyou
career

If you use any of these as your password anywhere, change it immediately! These are all very common passwords and all very easily hacked.

  1. Sequencial numbers are an absolute NO-NO.
  2. Never use any of the words listed above
  3. Do not use religious words. They are very commonly used and so they are some of the first words a hacker will try.
  4. Length is important. They say at least 8 characters, but that would be a minimum. I say at least 10. The more the better.
  5.  Do not use swear words. They are also commonly used.
  6. Do not use the word: Password

DO:

    1. Always use at least one capital letter
    2. Always include at least one symbol
    3. Always include at least one number
    4. If you can have everything with a separate password that is best

Examples:
Your main password could be: (( 11T1me)) but for facebook your password would be (( 11T1meFB)) and for twitter: (( 11T1meTW))

    1. Change your passwords. Do not just set and forget. Change your passwords monthly, or at least yearly. You can make the change sequential so that it is easier to remember.

Examples:
(( 11T1me)) the following year change to: ((22T1me))
<<0v4tion>> then change to: <<0v5tion>>

I hope this information helps you think a little deeper on password creation. The better they are, the less chance you have of being hacked.

Also if you have a LinkedIn account and want to see if your password was hacked check: LastPass

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