Most notably of course is that a password manager helps end users, create, store, access, and share within teams all the passwords and account details that are needed to do their jobs. Recording and remembering all of this user data is becoming a challenge which is where a password management system comes in.Īs you can already tell, the benefits of a password manager are profound. For even greater security, the number of factors can be taken beyond two. The smart mobile device could be used to confirm receipt of an SMS text message or otherwise generate a code to serve as a second authentication factor. To achieve multi-factor authentication, another factor could be something the end-user would physically possess-like a smart mobile device. When using a password in conjunction with an email address for example which could be guessed, a password would thus comprise only one authentication factor-the password itself. A cloud-based password manager can verify the strength of a user’s pre-existing passwords, as well as auto-generate strong new ones. Complex passwords include long-tail phrases, phrases that don’t include personally identifying information, both uppercase and lowercase letters, as well as numbers and symbols. Creating unique passwords for every vendor decreases the chances that a password divulged in one location can be utilized in other locations or at other vendors. Unless an end-user inadvertently divulges account information through a phishing or malware attempt, hackers must utilize “brute-force” (automated repetitive guessing over time) attacks to determine credentials. This enables end-users to create and use strong sufficiently complex passwords without having to remember them, keep plain text or paper lists, etc. Password managers provide a central storage location for all passwords with one master password (per user) and one organization key (per group) as an entry point. Achieving security best practices is virtually impossible without the use of such a system. Sufficiently strong credentials and multi-factor identification (MFA) are less difficult to manage when deployed along with a password management system. ![]()
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