Hi all,
While this bulletin board uses fairly strong password security, there have been instances in the past where phpbb (the application this board uses) has been hacked. This is also true for a lot of sites on the web, including big players like Linkedin and Sony.
A good rule of thumb is to use a unique password on every site you use. That way if your password does get compromised it is only compromised in one place. Do not reuse passwords.
Also, don't use passwords that are related to your personal life, like your mother's maiden name or your birthdate. These are much easier to for hackers and scammers to deduce via social engineering.
Anyway there is an excellent document here if you are interested in learning more.