Why you should be using a Password Manager

Do you use the same, easy to remember password or a variation of it for every account login you have?  You are certainly not alone!  We are constantly being told to use strong, unique passwords to protect our information online but how on earth are we supposed to come up with complicated passwords and remember them with the volume of login details we have!  It is a challenge!

The answer is a Password Manager.

A Password Manager will store your passwords in an encrypted form and also help you with generating secure random passwords.  The password manager will have a password to allow you to access it so you will only need to remember one password.   You will then easily be able to access your passwords without having to remember them.

The risks of using the same password across many sites are enormous.  Passwords are stolen all the time.  If you have a weak password and use it multiple times and a hacker got hold of it, that means that they could log into other sites with that password.  With cybercrime continuing to be on the increase, hackers are constantly looking at new ways and fine-tuning their techniques to crack users’ passwords.

One thing to be careful of is using browser-based password managers – Chrome, Firefox and Internet Explorer etc, all have integrated password managers.  Chrome and Internet Explorer store the passwords on your computer in an unencrypted form.  These built-in password managers are not ideal and cannot compete with a dedicated password manager product.

There are a number of password managers available on the market:

Myki:  can be used by teams and single users but has also been developed for the MSP market.  Myki securely stores and manages internal and customers’ passwords offline, away from the cloud.

Keeper:  can be used to protect your business as well as your personal passwords and private information.

Dashlane: is a safe and easy way to manage business and personal passwords.  It enables you to keep all of your passwords, usernames, payment card details, and secure notes in one safe place.  Dashlane is also packed with other features, making it more than just a password manager.

LastPass:  is a cloud-based password manager with a browser extension and mobile app for all the browsers and operating systems available.

Once you have chosen a password manager to use, it is good practice to change all your passwords to more secure ones.   If you would like to learn more about any of these products or would like help with choosing the most suitable one for your business, Ilkley IT can help you.   Contact us today to find out more.