![]() Many people use the same password for all of their accounts. A strong, unique password is your best defense. Password theft has become big business, and digital criminals are more sophisticated than ever. ![]() Here are some of the common problems that password managers solve Weak Passwords ![]() A good password manager solves the problem of how to keep your sensitive information and important documents safe. However, with the number of connected devices and the amount of work that takes place online, it is impossible to commit all of that information. The best defense against cybercriminals is to have a strong, unique password for every account. Without a dedicated password manager, most people default to using one password for all their accounts. 80% of data breaches are caused by weak, reused, or stolen passwords. The problem is deciding how to manage the keys to your digital life. You need to store sensitive data, but also have easy access to it when you need it. Usernames, passwords, and account numbers are a necessary part of living life and doing business.Ĭyber security is a real issue in today’s world. So much activity happens in a digital world. ![]() All you have to remember is one Master Password.Įach application has a different approach to security, and there are some differences in how each application works. You can store your credit card information, your bank accounts, and even use the applications for encrypted file store of vital documents. 1Password claims to have over 15 million customers including many top companies like IBM, Dropbox, Slack, and Gitlab.Įach of these applications offers a solution for password management that allows you to generate strong unique passwords for all of your accounts. As of September 2020, LastPass reported 25.6 million users and 70,000 businesses - making it the larger of the two companies. Two Top Password Managers: 1Password and LastPassġPassword by AgileBits, Inc, and LastPass by LogMeIn, Inc are two of the leading providers for password managers. A better solution to manage the keys to your digital world is a dedicated password manager like 1Password or LastPass. Storing your sensitive information like passwords, account numbers, and important documents should never depend on your memory or putting something valuable in a risky place. There have been moments when I finally found what I was looking for only realize that the place I left was not as secure as I thought. Regardless of where I put something, I still rely on my memory to find it again. The worst part is when I know, “I put it somewhere safe.” Obviously, some of my “safe” places were not that safe. However, there are key differences that should be noted and may impact how you decide to implement these solutions at your organization.Did you ever lose something important? It has happened to me more times than I want to count. It can be confusing to understand the differences between password management and single sign-on, especially since they solve similar access and security problems. Single sign-on solutions have also increased in popularity. This dichotomy has led to growth in password manager solutions. But, trying to keep track of many unique, safe passwords is inconvenient and can harm productivity. Using the same password for every account puts sensitive information at risk of being compromised as cybercriminals can gain access to multiple accounts with just one password. ![]() Whether working remotely or in the office, all of us have multiple, complex passwords to remember. Whether a password management solution, privileged access management (PAM) tool, or single sign-on (SSO) application, identity and access management (IAM) solutions are designed to help companies and their employees securely protect and share information to provide an exceptional user experience while increasing cybersecurity. Benefit of identity and access management solutions ![]()
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