Passwords are frustrating, but security is essential, especially when securing your online finances.
Password managers are nifty tools that allow you tocreate complex passwordswithout ever needing to remember them.
How is that possible, you ask dont you better recall the passwords you create?
What Is a Password Manager?
Think of a password manager as a bank vault that holds all the login credentials to your favorite sites.
thanks tobrowser extensions, as well as your mobile devices, so passwords can be auto-filled when needed.
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Your password manager will automatically notice that you are attempting to log into a website.
Prestopassword managers are as simple as that.
Lets take a closer look at one of our favorite password managers,1Password.
The information (AKA, your passwords) stored within the utility is encrypted with hard-to-crack AES 256-bit encryption.
We also reuse passwords, because we can be forgetful.
Additionally, password managers may use other security measures to ensure that your password vault stays safe and secure.
Other managers may use techniques such as multi-factor authentication.
All in all, encryption steps in place help to make password managers secure.
What Are the Benefits of Using a Password Manager?
The auto-fill feature with password managers also makes it a breeze every time you come upon a login screen.
Just click a button or scan your finger, and your password manager does the rest of the work.
Of course, there can be a few downsides to password managers.
What Are the Types of Password Managers?
We recommend selecting a password manager that stores your information in the cloud for most individuals.
As our life continues to go mobile, its essential to have access to your passwords at all times.
Additionally, if you lose that gear, youll lose your entire vault and all your passwordsnot recommended.
Frequently Asked Questions (FAQs)
We would recommend using a password manager.
Yes, Apple does have a password manager built into its Safari web net online gate.
Many web browsers, such as Chrome and Firefox, also offer similar features.
We wouldnt recommend storing your passwords on Google Drive.
Michael Archambault is a senior writer for The Penny Hoarder specializing in technology.
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