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Why is a Password Manager Important?

19 Jan 2023 News
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Vitalii Vodolazskyi/

Are you using strong and unique passwords for all of your login credentials? If you’re not, then your accounts might be at risk! We all have many different accounts — they have become a staple of the modern world that we live in today. Whether it’s an email account, a social media account, or even an online banking profile, all of these accounts need to be secured with passwords. Passwords are the encryptions used to keep everyone else out of your accounts.

Unfortunately, though, the majority of people don’t take passwords seriously. They often use passwords that are easy for them to remember, and on top of that, they also use the same passwords for multiple different accounts. Doing so will put your accounts at serious risk, and with cybercrime steadily rising every day, you must make sure your accounts are always watertight! If you’re using strong and unique passwords, you’re going to need a password manager.

What is a password manager? It’s a handy cybersecurity tool that will ensure that all of your login credentials are kept secure at all times. Don’t rely on the weak password managers that come with your iPhone or laptop by default, these can still be broken into by cybercriminals! Keep reading to find out how to keep your accounts secure, and how to keep track of all your logins!

Always Use Strong Passwords

The biggest mistake that people make when creating passwords is that they tend to use weak passwords. You might be wondering what defines a weak password. After all, most modern websites have strict requirements when it comes to password creation. From using upper and lower case letters to including numbers and having a minimum character limit — it might seem like there are enough parameters in place to ensure that you create a strong password.

Unfortunately, though, that is not the case. Many people still use their personal information to create passwords. Whether it’s your full name, your date of birth, or the name of your pets, using information that relates to you in some way will put your accounts at risk. Cybercriminals have techniques and strategies that they can use to dig up this information, and oftentimes that’s the first thing they would try when breaking into someone’s account.

People use this information most of the time because it’s much easier to remember. If you ever need to log into your account from a different device, it’s much easier to remember your name or date of birth as a password. For example, if you lose your phone and need to log into Facebook to get in touch with friends and family, that’s easily done when your password is weak and easy to remember.

Unfortunately, though, you are risking having your account broken into by a cunning cybercriminal. Some hackers won’t even break into your account, but rather sell your login credentials on the dark web to others who might have even more malicious intentions.

Make Sure to Use Unique Passwords

Another critical mistake that internet users make is that they often use the same passwords for multiple accounts. If you want your accounts to remain secure at all times, you need to make sure that you’re using different passwords for each of them.

Just like with weak passwords, it’s much easier to remember your login credentials if they’re all the same. It’s natural for people to choose one password that fits all the criteria and is easy to remember and then use the same password for all of their accounts.

However, the problem with this is that if one of your accounts is breached, the rest of them will also be broken into. Once a hacker discovers your password for one account, they will try the same password for other accounts too — they often go for your bank accounts first!

Once they get into your account, they will change the passwords to lock you out of the account. From there, you can’t do anything to get back into your account, and the hackers will have free reign over your account.

The biggest threat to your accounts is phishing. Phishing scams are becoming more and more common. From emails to hidden links and even social media giveaways, hackers will do anything they can to get hold of your login credentials. If you’re using the same passwords for every account that you create, it’s easy for them to steal a password that you create or type in on a fake website. From there, they simply need to try different accounts to see which ones work!

Password Managers Aare the Answer

So, now that we understand why it’s crucial to use strong and unique passwords, you might be wondering how you’re going to remember the login credentials to each of your accounts. The answer is a premium password manager.

It’s true that you often have default password managers like the one on your Chrome browser and the passwords that are stored on your iPhone, but these are not secure. Cybercriminals can still hack into these databases and steal all of your login credentials, whether you’re using strong and unique passwords or not. 

The answer to the problem is a premium password manager such as 1Password. These password managers are locked with a master key, and they can only be accessed if the user enters the correct master key. 

Master keys are randomly generated by the application, so you are the only person in the world that has access to this master key. As long as you remember your password manager’s login credentials and the master key that you have been given, you can find any of your login credentials at any time.

So, even if you’ve lost your phone, or your laptop decides that it has given up on life, you can quickly and easily gain access to any of your accounts using one universal application. No more stressing about how you’re going to log into your social media profiles, email accounts, or even your online banking profile!

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