What is a password manager and why do you need one?

A key feature of all password managers is having a master password to protect your vault of passwords. Also, password managers give you the ability to manually import your current passwords or import through your default browser. The password managers will then give you suggestions and reports on how to make those passwords stronger.

Here’s three reasons why you need a password manager:

1) Using a password manager will mean you won’t have to worry about the complexity your passwords ever again

2) You can use different passwords for each site that you use

3) No more memorising passwords Read More

What are the benefits of using a password manager

You don’t have to memorize all your passwords anymore. You only need to remember the master password that unlocks your password vault. And if you opt for a cloud-based password manager, you can access your password vault anywhere, from any device.

They can auto-generate highly secure passwords for you. Password managers will typically ask you if you’d like to use an auto-generated password whenever you create a new account with a website or application. These random passwords are long, alphanumeric, and essentially impossible to guess.

They can alert you to a phishing site. Here’s a quick gloss on phishing scams. Spam emails are spoofed or faked to look like they’re coming from a legitimate sender, like a friend, family member, coworker, or organization you do business with. Links contained within the email direct to similarly spoofed malicious websites designed to harvest login credentials. If you’re using a browser-based password manager, it will not auto-complete the username and password fields since it doesn’t recognize the website as the one tied to the password.

They can help your beneficiaries when you pass away. This is called a digital inheritance. In the event of your death, your family or whoever you designate to administer your estate will gain access to your password vault.

Password managers save time. Beyond just storing passwords for you, many password managers also auto-fill credentials for faster access to online accounts. In addition, some can store and auto-fill name, address, email, phone number, and credit card info. This can be a huge timesaver when shopping online, for example.

Many password managers sync across different operating systems (OSes). If you’re a Windows user at work and a Mac user at home, jump on your Android Monday through Friday and turn to iOS on the weekends, you’ll be able to quickly access your passwords regardless of which platform you’re on. Ditto for all the most popular web browsers; i.e., Chrome, Firefox, Edge, Internet Explorer, and Safari.

They help protect your identity. In a roundabout way, passwords managers help protect against identity theft, and here’s why. By using a unique password for every site, you’re essentially segmenting your data across each website and application you use. If a criminal hacks one of your accounts, they won’t necessarily be able to get into any of the others. It’s not foolproof, but it’s an additional layer of security that you’ll certainly appreciate in the aftermath of a data breach. Read More

iTM covers all aspects of cybersecurity from Home cyber security managed solutions to automated, manage threat intelligence, forensic investigations and cyber security training. Our objective is to support organisations and consumers at every step of their cyber maturity journey. Contact Us

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