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How To Securely Store Passwords – Tips For Managing And Storing Passwords

People use passwords everyday for everyday actions such as checking email, posting on social media, and purchasing goods online. According to one survey, the average person has around 100 passwords. Many people also know that it’s not a good idea to reuse passwords or to use weak passwords like “123456” or names like “dog” or “child.” But the bad news is that people can’t remember all their passwords! Protecting your online accounts from identity thieves is a good idea, so spend a few minutes learning about the best ways to do it.

Why is it important to keep your passwords safe?

Your passwords should be stored securely to protect your key accounts from prying eyes trying to steal your data or money. Hackers may wreak havoc on your life by cracking weak passwords. Here are some of the dangers of not storing passwords securely:

  • Identity Theft:

If an identity thief gains access to a sensitive account, they may be able to obtain sensitive personal information such as your full name, address, and Social Security number. They may use this information to impersonate you, open credit cards in your name, and cause a major problem that could take months to clean out.

  • Account takeover:

Hackers may be able to take control of one or more of your accounts by using email, social media, or other online means. Recovering access can be difficult as you attempt to restore accounts to their normal state. Hackers may also use these controls to send requests for money or sensitive information.

  • Cyber crime:

 If a cyber criminal obtains your bank password, he or she may be able to get access to your account before you notice there is a problem. Unauthorized transactions are protected by federal law, yet fixing the problem might take months and leave you poor. By knowing how to save your usernames and passwords safely, you can reduce these dangers and help keep your digital life under wraps.

How can I keep my passwords safe?

There are a number of free and paid methods for saving your credentials safely. It’s simple to use your browser’s password manager, but using a dedicated password manager may be better since it can store credentials for many different sites.

Password managers for web browser:

Password managers for web browsers are available in browsers such as Chrome, Firefox, and Safari. When you set up an account, you may tell your browser to ask if you want to save your password. You may also set your browser to automatically sign you into your account every time you use it. Using your browser to handle your passwords has both advantages and disadvantages. The advantages of using a browser as a password manager include:

  • It is convenient: 

Storing your passwords for free is easy. Just select one of the provided options to get started, or use a browser add-on, like KeePass.

  • It is fast and free:

It is fast and easy to switch your preferences. Select a provider, enter your data, and click “yes” when asked if you want to save it. 

The disadvantages of using a browser:

 The disadvantages of using a browser as a password manager include the following:

  • Only works in one browser — You should be able to generate a safe password using your browser. However, you may not have a lot of possibilities for personalizing that password.

Application that handle passwords management:

Application that handle passwords  management software is a great alternative to using the password storage option in your browser. Here are some of the best options about a password management tool.

If you’re looking for a safe password generator, then check out Passwarden. I personally use this, It’s an awesome safe password generator that can make tough, one-of-a-kind passwords for all your accounts. Their password organizer includes a powerful and simple password generator. Some of the features of this feature are that you can adjust the password length, include numbers, uppercase letters, and symbols. So you’ll never need to create passwords again by any other source.

Get Passwarden:

Create and save all of your passwords in one location. You can use a safe password generator tool to build a complicated password that mixes numbers, upper case, and symbols and store it to the protected data storage. If that’s the case, Passwarden is here to help! Your Passwarden profile can be used on any device you own. The secure password manager for iOS, Android, macOS, Windows, and browsers like Chrome, Firefox, Edge, and Opera is available for iOS, Android, macOS, Windows, and browsers like Chrome, Firefox, Edge, and Opera. Your Passwarden that is Safe Password Generator always available for your safety. You can try it!

Some popular other password managers are:

  • Dashlane
  • Lastpass
  • Keeper
  • RememBear

Advantages of utilizing a password management Applications:

Advantages of utilizing a password management applications include:

  • It’s safer to use a reliable password manager.
  • You can simply generate, store, and access your protected passwords with a password manager. Create strong passwords.
  • A password manager will generate strong passwords for you, allowing you to specify the amount of characters, symbols, and if you want a strong password that is simple to speak or spell.
  • It’s possible that you’ll be able to get a plan for nothing. Some password management applications have a free version that only works on one device.
  • The most insecure methods for storing passwords.

Unsecure Way to store your passwords:

Let’s talk about the worst methods to keep track of your login credentials now that we’ve covered the greatest way to save passwords. Here’s a rundown of the most insecure password storage options:

  • Word Document:

A hacker may be able to record your passwords, even if you password protect a word document or spreadsheet on your computer.

  • sticky note:

It is also possible to keep a password for the document on a sticky note, but you will have to keep this sticky note at a place where others can easily see it. If you are in a public space, such as the internet cafe, your passwords may be taken by a thief, a service provider, a home cleaner, a relative, or a roommate.

  • Email:

Unless your phone is encrypted, anyone who picks it up might have access to all of your sensitive information. You could always set your phone up to have a strong passcode, but then you have to figure out where to save that password. Have you ever emailed a password to yourself so you don’t forget it? Emails may be saved on many servers and even in trash files after being deleted, making it easier for a hacker to get your credentials.