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What You Need to Know About Password Managers

Password managers can greatly improve the security of your various online accounts. Learn more about the benefits of password managers and how they can help.  

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Password Managers – What You Need to Know

You have heard the same advice again and again – use different, complex passwords for every one of your online accounts. But following this advice is extremely difficult, if not impossible, without a little help. There are just too many different accounts to keep track of. That’s where password managers come in. They help you manage all your different passwords so that you don’ have to remember them all.

1. You only need to remember one master password.

The great thing about password managers is that you only have to memorize one master password to access all of your other passwords. Keeping track of a single password is something just about anyone can do.

2. Password managers can sync between your phone and your computer.

Most of us use our phones to access our accounts. Password managers are designed to work on both your phone and your computer, so you can easily login whether you are in the office, at home or out and about with your mobile device.

3. You can log in to your mobile device password manager with your fingerprint.

While you have to use your master password to log in initially, most of the time your password manager will let you log in with your fingerprint if your phone is equipped with the feature. When you first use the password manager on your phone it will require you to use your master password, but afterward, you should be able to use your fingerprint. However, many password managers will periodically require your master password just to ensure that your information remains secure.

4. The password manager you use will help you choose complex, random passwords.

You only have so much capacity to memorize passwords. Even though you know that you should be using complex, random passwords on each account, trying to keep them in your head is impossible. Most people eventually resort to using the same password or the same few passwords for every account. But when you use a password manager, you have an app that will remember your passwords for you. Not only will it remember them, but it will also offer to generate passwords for each of your accounts. By using the password manager, you can create a complex password for every one of your accounts and keep them all in one place to use as needed.

5. Password managers can be had for free or for a reasonable price.

For an individual user, it is possible to get a free password manager that will cover the bases you need to be covered. But if you are running a business, you will want to pay for a password manager for your company. Fortunately, they are priced quite reasonably, especially once you consider how much you could lose through weak passwords. A compromised password could lead to lost business and even lawsuits, so it pays to practice smart security.

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