Passwords still remain as one of the most secure methods of authentication available to date. However, they are subjected to a number of security threats when mishandled.
The role of password management tool comes in handy there. It helps you generate unique and strong passwords, store them in one safe (encrypted) place, and use them while only needing to remember one master password. The master password unlocks your encrypted vault which grants you access to each of your passwords.
Let’s check out how the Password manager can help you in the following ways.
Safely store your passwords
A password manager (or a web browser) can store all your passwords securely, so you don’t have to worry about remembering them. This allows you to use unique, strong passwords for all your important accounts (rather than using the same password for all of them, which you should never do).
Generate strong passwords
Not only do password managers help securely house your passwords, but they can also generate passwords that are unique and complex, which makes them more difficult to crack or guess. To do this, password managers use encryption algorithms.
These algorithms can be difficult to understand. What’s most important to know is that you should use a different generated password for each login to keep your information out of the hands of hackers. Every algorithm-generated password includes a combination of upper and lowercase letters, symbols, and numbers, which are unpredictable.
Your life just became A LOT easier
Finally, by using a password manager, you not only increase your security by 300%, but you are also saving yourself time, money, and adding more time today, ultimately boosting productivity. It’s a win-win.
Which password manager should you use?
The simple answer is that it’s up to you. All password managers perform largely the same duties. However, different apps will have more relevant features than others.
Anyone running iOS 11 or later which is most iPhone and iPad users will have a password manager by default so there’s no excuse. You can sync your passwords across devices using the iCloud Keychain.
For anyone else, most password managers are free, with the option to upgrade to get better features.
Like all software, vulnerabilities and weaknesses in any password manager can make put your data at risk. But so long as you keep your password manager up to date, most browser extensions are automatically updated your risk is significantly reduced.