Password Managers Are Efficient And Here Is Why

The growing technology demands from us an online presence we never thought we would invest our times at. A common individual is now scrolling through multiple channels, may it be social media or some other. During this, something which they generally find cumbersome is passwords. Hard to remember, they are needed in most parts of web browsing. Even if someone wishes to sift through articles online, sometimes they have to register an account to gain full access; which means remembering another password. Like it or not, passwords are a fact of life. Unfortunately, manually setting up password might have its own set of benefits, but technically the idea does not sound appealing. This is where password managers can help (and for free!).

 Password Managers Are A Book Of Passwords

Simply put, password managers are like a secret diary; where people can write down anything and lock the content from outside. While the risk of stealing the master password to get access to the content inside stays true, the fact that remembering one lengthy password to protect your “vault” might be enough security you need.

This is because password stealing is common nowadays, and phishing attacks can effectively take over your data, including your passwords. Although the hashing procedures can secure your password entries through encryption, not all websites use strong algorithms for this process. Shockingly, some do not use such algorithms at all. One way to avoid identity theft is by using long passwords.

Kirk Hausman writes in his book Sustainable Enterprise Architecture,

“If only alphabetic characters are used, then a single-digit password would require only 27 tests to check all possibilities…. A four-character non-null alphabetic password would require over 45,000 tests, while an eight-character password would require almost 410 billion tests.”

He also adds that by raising the complexity can also increase these number of tests. Adding special characters and uppercase-lowercase combinations can raise the number of tests by four times per character.

Unfortunately, the longer and more complex the password, the more prone we are to forgetting it, especially if such passwords are required for other online platforms as well. Password managers can not only collect passwords from online banking channels, social media, emails and utilities but also make strong ones. Credential stuffing is when a user uses a strong password for all of their online platforms, a terrible mistake. Hackers already know this approach and use it instantly after gaining access.

However, by using good password managers people can reduce security risks they create when setting up weak, short, or similar passwords for their online channels. Password managing applications also eliminate the need to enter passwords altogether, automatically filling the login area. This also makes accessing your accounts in public very safe. Some of the good applications even require two-factor authentication and expire account sessions regularly. This makes sure that you have to enter your master password regularly to ensure that the right user is controlling the application.

Password Applications That Work Well

Perhaps the simplest answer to this is: it is entirely up to you. All password managers perform largely the same duties, differing in additional features. However, the features might be relevant for some and not for others. Therefore, it is for users to decide what is best for them. Apple users might have a similar experience to this idea due to their iCloud account.

However, businesses can effectively utilize this opportunity for themselves as well. Not only this, but they can also invest in an enterprise-specific application, personalized only for them and their organizational structure. In the midst of all this, what really matters is the company who designs these applications and its proficiency towards what is needed: top-notch security & encryption. Having worked on successful manager applications in the past, we at InvoZone make sure your data and accounts stay safe.

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