Password managers, or password vaults, are a great way to organize your passwords. They can save time, help protect your identity, and strengthen your passwords.
What is a password manager?
A password manager is a place where you can safely and securely store your account credentials.
Once your account usernames and passwords have been added to your password manager, your master password is the only one you have to commit to memory. Entering your master password unlocks your password manager and gives you access to all of your stored passwords.
What are the benefits of using a password manager?
- They can auto-generate secure passwords for you. Password managers will prompt you to use an auto-generated password when creating a new account with a website or application. These passwords are random, long, and difficult to guess as well as hard for algorithms to hack.
- Password managers save time. Beyond storing passwords, password managers can auto-fill credentials for faster access to online accounts.
- Many password managers sync across different operating systems and browsers. If you have Mac, Windows, Android, or iOS devices, you will be able to access the same password manager across these platforms and on different browsers, like Chrome, Edge, Firefox, and Safari.
- They help protect your identity. Password managers alert you to any duplicated passwords. By having only unique passwords, a cybercriminal will have a much harder time accessing other accounts from a single compromised password.
Are password managers safe?
Password managers like 1Password and LastPass offer encryption and decryption at the device level, and most password managers use military-grade encryption. This means that if or when a password manager gets hacked, the criminals don’t get access to any passwords. Of course, a password manager is only as safe as the master password used, so check out our best practices to make sure you have a strong password from the start!