It is not uncommon for people to use a single password to secure multiple, perhaps all of their digital accounts. If you are one of these people, note that this practice is not safe, and it becomes more unsafe with the passing of time. The reason is that if your one password gets hacked, it means this one compromised password can be used to log in to all your accounts and access your sensitive information.
Here’s where password managers play a life-saver role. Password managers are software programs that come in the form of apps, browser addons, or may be included in your operating system. They allow you to generate new, secure passwords in a matter of seconds. The passwords generated are long, unique and complex. These password managers automatically store your passwords and they autofill the login information for you when you are trying to access a site.
You can store all your passwords at once, or just add some now (email, banking, social media etc) and then add more over time. Often when logging to a site your password manager will ask you if you want to store the password, if you click yes, the account will be secured.
Why Use a Password Manager
A password manager is the ideal way to secure and maintain the ever-increasing number of online accounts we log into on a daily basis. These password managers store your passwords in a secure and encrypted database. If ever you need a new password, you are presented with very strong suggestions and then the new passwords are automatically stored in the password manager.
A password manager offers you a tension free means of storing all your passwords in one single place instead of having to maintain a confusing notebook of your important passwords. Now you only need to remember only a single password that lets you access your password manager vault.
Password managers lets you save time, work across all devices and operating systems, warns you about potential phishing websites, protect your identity and notifies you if a password has been compromised.
Good password managers encrypt all your passwords, which basically means, that even if a hacker manages to breach your password manager, it would be impossible for them to decode your passwords.
Quality password managers require multi-factor authentication when you are trying to log in to your account from an unknow device, adding an extra layer of security to your account.
We suggest you use a good password manager to secure your accounts. If you need help with choosing once, contact us today.