Okay, you got me: WordPress security isn't the sexiest way to spend your time, but it could end up being one of the most profitable! Nothing is more caustic to the lining of your stomach than having your site go down, and wondering whether or not you've lost it all.
I back up my blogs using a plugin WP DB Backup. If anything happens I will always restore my blog. I use my site to be scanned by WP Security Scan plugin and suspicious-looking requests to be blocked by WordPress Firewall to secure your wordpress website.
The more powerful approach, and the one I recommend, is to use one that site of the creation and storage plugins available for your browser. RoboForm is liked by people, but I believe after a pop over to these guys trial period, you need to pay for it. I use the free version of Lastpass, and I recommend it for those who use Internet Explorer or Firefox. That will generate secure passwords for you.
It's a WordPress plugin. They are drop dead simple to set up, have all the features you need for a job like this, and are relatively cheap, especially when compared to having to hire someone to get this done for you.
It's really sexy to fan the flames of fear. That is what bloggers and journalists and politicians and public figures mostly do. It's great for readership and it brings money into the ddos denver war chests. Balderdash.
Free software: If you've installed scripts search Google for'wordpress security'. You'll get many tips on the best way best to create your WP blog protected.