Password Managers Have Become Essential Tools for Individuals and Businesses

Absolutely nobody likes dealing with passwords. They’re annoying, hard to remember, and yet, somehow, hackers seem to have no problem cracking them. That’s where password managers come in. They take the stress out of remembering a hundred different logins while keeping your business secure. If you’re still relying on sticky notes or using the same password for everything so you can remember it, it’s time to make the switch.

Why Businesses Need Password Managers

The more software a business uses, the more logins they deal with. If employees reuse weak passwords, it puts the entire business at risk. The reality is that all it takes is one data breach to put the organization in jeopardy. A password manager generates and stores strong, unique passwords for each account, making it much harder for hackers to break in.

Password managers also help users save a bunch of time. Employees don’t have to reset forgotten passwords constantly, and IT teams spend less time fixing login issues. That means fewer headaches and more productivity.

Tips for Using a Password Manager the Right Way

Like any digital tool, there are some best practices to ensure that a password manager is the effective solution you need it to be. Here are some of the best tips on how to use your password manager:

Choose the Right One

There are plenty of password managers out there, but not all are created equal. For businesses, look for one with team-sharing features, admin controls, and security audits. You definitely don’t want to depend on the browser-integrated managers. We can help your business set up a system-wide password manager for your staff that you can control and dish out.

Use a Strong Master Password

Your password manager is only as secure as its master password. Make it long, complex, and unique. The password manager can help you create unique and secure passwords for all of your accounts so you will want to use a passphrase using capital and lowercase letters, numbers, and symbols. The longer the better, but remember: you need to be able to remember it. 

Enable Multi-Factor Authentication

Adding an extra layer of security is always a good idea. With MFA, even if someone somehow gets your master password, they’ll still need a second form of verification to get in.

Train Your Team

A password manager is only useful if employees actually use it. Give them a quick training session to show how it works, why it matters, and how to avoid common mistakes they can make to put their login credentials in jeopardy.

Keep It Updated

Cyberthreats evolve—and evolve quickly—so your security practices should too. Keep your password manager updated, and review permissions regularly. If an employee leaves, make sure their access is revoked immediately.

We all rely on passwords, so why not give your team a tool that will allow them to do their best to keep their accounts secure? If you would like to talk to a professional about getting a comprehensive password management tool for your business, give us a call today at 708-781-7110.