10 Reasons Why do you need a password manager

Why do you need a password manager

With so many online accounts, it’s difficult to keep track of all the different login details. According to NordPass’s up-to-date 2024 studies about passwords, the average user handles approximately 168 passwords across multiple logins. Is it possible to remember them all? Even with a sharp mind, you may recall 10 or 20 passwords, but not 80. If you are considering of using the same password for all accounts, never do so. You can also learn about some dangerous password storage methods and how to avoid them.

No question, everyone wants to keep their online password safe. Password managers are one of the finest ways to safely store your passwords. Below are some of the reasons why you should use a password manager for your business or personal accounts.

1. Help create Stronger Passwords

Some people might generate a very weak password based on their preferences or the ones easy to remember. Such passwords are easy to crack and can be a cause of data breaches. Password Manager can generate stronger and more secure passwords. These passwords typically consist of upper and lower case alphabets and special characters, which are difficult to guess and crack.

These intricate combinations do not need to be remembered as the password manager stores them securely and removes the need of relying on simple phrases and numbers. With the increased rate of cyberattacks, strong passwords are the frontline of defense and a password manager ensures the protection.

2. Avoid storing in old insecure ways

Password Manager securely stores credentials in an encrypted vault protecting them from cyberattacks. The AES 256 encryption is military grade and is next to impossible to crack. These encrypted vaults protect data from phishing and keylogging; even in case of a breach, hackers can not access passwords without keys. Advanced managers offer biometric authentication and minimize the risk of password reuse.

3. Autofilling make things easy

Sometimes closing a tab and looking for the passwords in notes waste our time more than expected. Password Manager offers automatic filling of login credentials. Users no longer need to cram complex passwords or waste time in manual filling. Each time you visit a webpage, the password manager detects the login field and fills it in instantly. The frustration of forgetting the passwords is decreased and the information is just a click away.

4. You may never forget

Frequently forgetting passwords makes you reset or recover them, which takes a lot of time involving verification codes, security questions, and new password creation. This frustrating aspect can be overcome by a password manager. It securely stores all credentials and fills them in every time you need them. Moreover, time-consuming security incidents are also prevented when a unique and strong password is created.

5. Get your password anywhere & anytime

In this age, users work on multiple devices. Straing on a laptop, they might switch to mobile and PC. However, they get frustrated when they have to memorize the password for different devices. Password Manager offers seamless access across various devices, reducing frustration. The data is synced in real-time using encryption so the information stays safe. Not only passwords, card details, secure notes, and personal data are also securely synced.

6. An Extra layer protection for Phishing attempts

Users are sometimes tricked by fraudulent sites to enter their credentials. If you have a password manager you are less likely to fall into the trap. Password Manager checks the domain name of websites when the users visit them. The autofill feature does not work if the site’s URL does not match the legitimate domain. This is how your information is prevented from being entered on a malicious site from being entered on a malicious site. We also recommend you to read our article about what should you do if your password got hacked?

7. Secure Sharing

There are situations when you need to share your passwords with friends, such as sharing streaming accounts or a team tool. When you share your password through text, it might get peeked at. Password Manager encrypts credentials and sends them securely. Your friends and team members access the password without the password being exposed. The receiver does not see the actual characters but still can log into the account. Password Manager allows to revoke access at any time and is useful for personal and professional use.

8. Real time password checks

Some people securely store passwords outside the password manager, but the password is likely to be weak and vulnerable. Password manager monitors the health of passwords, assesses the strength, and alerts if there are potential vulnerabilities. The passwords are analyzed against security standards which provide feedback on the strength. The monitoring offers suggestions for creating strong passwords and replacing weak ones, safeguarding digital data..

9. Real time threat Alert

In the event of a breach, when a hacker obtains personal information, Password Manager, with this feature, scans known breach databases to detect 8f any of the credentials have been compromised. The alert allows us to take immediate action against suspicious activity. Such alerts also give peace of mind by suggesting actionable recommendations on the dashboard.

10. Backup and Recovery

When a user forgets a password, Password Manager offers immediate access to stored credentials. Unlike traditional account recovery methods that involve complex processes, password managers allow you to retrieve passwords from encrypted vaults. Moreover, master passwords or biometric authentication are secure methods for account recovery.

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