As I noted in our book, Safety Net, passwords are a major security problem. Most security breaches involved weak or compromised passwords—and weak passwords are notoriously easy to compromise. Scripts used by hackers can crack easy passwords in just seconds. Even if you’ve chosen a difficult password with numbers, symbols, and a mix of upper- and lowercase letters, it can be dangerous to use that password on more than one site. If one site gets hacked, attackers will try all the username/password combinations they find on that site on other sites. They even have scripts to firing off lots of stolen username/password combinations on login pages in a kind of attack called credential stuffing.
To really protect your data and, ultimately, your money, you should use a unique, difficult password for every site. Of course, not many of us can memorize dozens of difficult passwords. Keeping track of them with pen and paper is problematic, especially if you’re on the go.
The best solution is to use a password manager, an application that stores your passwords in an encrypted database, an online vault for your secrets. With a password manager, you just have to remember one difficult password—the one that opens the vault. Then you can copy and paste or even autofill the difficult password you’ve already set up for whatever site you’re trying to access. You can also use a password manager to store other useful, confidential information such as credit card numbers, driver license numbers, and insurance policy numbers.
PasswordManager.com: A Site with Information about Password Managers for Every Platform
There are a bunch of password managers out there. You can look into them all yourself, but you might find that a new resource called PasswordManager.com saves you some time. The site offers summaries of password manager features and prices. For example, here’s their summary of the popular password manager LastPass.
They also offers lists of password managers that work with various operating systems and browsers. If you’re looking for password managers that run on Android, for example, you can just check out their page listing just the password managers that run on Android.
The site also has useful information about multi-factor authentication and other topics related to password security.
There’s no charge for using this site, but there is a commercial angle. Small print on the site notes: “PasswordManager.com earns a commission from referring visitors to some products and services using affiliate partnerships.” That doesn’t bother me personally. The team behind this site have done a nice job collecting information about lots of password managers and presenting it in a way that many people will find useful.
If you’re on the market for a password manager, I would check it out: www.passwordmanager.com