Why should you be using a Password Manager?

The main advantage of a Password Manager is obvious to anyone with more than one account online (i.e. everyone). Instead of remembering all 100 usernames and passwords, a Password Manager autofills them. It’s a boon. But it’s not the only reason to use a Password Manager. This article shares several other key benefits.

You can use a Password Manager as a vault for all your passwords. When you want to log in online from your desktop or mobile, it can prefill your username and password. Industry-leading Password Managers also notify you if credentials are weak or get compromised. They should also flag that you are using the same password multiple logins, which is obviously a risky strategy.

Password Manager programs generate, manage, and store many different passwords. You may be concerned about whether a Password Manager is safe to use. The cybersecurity industry consensus is “yes, it is.”  A Password Manager offers top-notch encryption to protect your passwords. Plus, they take a zero-knowledge approach. They can’t actually see the  passwords they store and prefill on sites. The password is encrypted before it reaches the manager’s server and can’t be deciphered. This is why you need to be so careful not to forget your master password!

That said, the Password Manager offers more than a vault for encrypted credentials.

More Benefits of Password Managers
Most Password Managers have apps for download onto mobile devices. Then, you can use the Password Manager to prefill forms on those, too. This gives you the advantage of convenience not only on your desktop computer but also on the go.  A good Password Managers should also offer added security benefits, as well including:

  • warning you of weak password and login credentials;
  • reminding you to change your passwords;
  • notifying you if your passwords may have been compromised in a breach;
  • advising you against repeating access credentials if you’re about to do so.

Another advantage is that you can conveniently share passwords with others. Maybe you want to give family members shared access to streaming accounts or allow a work colleague access to applications you’re using remotely. A managed password sharing feature can allow them to see selected passwords. You aren’t showing everything: you can pick what you make available. Plus, when you change your credentials, the password will change on their end, too. This doesn’t need to be permanent either. You can easily revoke password sharing. You can also use a Password Manager to secure other important information. You might store things such as credit card numbers or other personal identifying information. Keeping that kind of data in an unencrypted note on your desktop or mobile device is unsafe, but you can take advantage of Password Manager encryption to safely store those precious details.

Secure your passwords with a manager
You can’t expect to remember all your unique passwords. Yet the days of writing down passwords on Post-it notes are over. Use cloud-based password management to secure your passwords and do more.

If you are concerned about how your team are managing their passwords, contact us today to find out to discuss the best options for you. We’re specialists in not just suggesting the best solution for your needs, but setting it up and training your staff too.

Contact us today on 03 940 9710.