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What is the best and safest way to manage passwords

Everyone is aware of the importance of keeping your passwords safe, but actually doing something about it is an entirely different thing. If password safety hasn’t been a top priority for you, it’s important to change that ASAP.

Cyber criminals have been more active and aggressive since COVID-19 pandemic. The Federal Trade Commission (FTC) recently reported that it received more than 2.1 million fraud reports in 2020, with consumers losing more than $3.3 billion to the crime in 2020, up from $1.8 billion in 2019. Essentially, hackers want your passwords, and they’re getting better at obtaining them.

Whether you’re using cloud, mobile, or on-premises technology, every system stores confidential passwords and data that are accessed by your employees. So how do you ensure safety of said data from cyberthreats like identity theft, phishing attacks, and more? You must use strong and unique passwords for every login.

Start with a free password manager app by clicking here.

The problem

The National Institute of Standards and Technology (NIST) created many of the password best practices using a combination of letters, numbers, and special characters. However, NIST advised people to create easy-to-crack passwords, but their previous advice inadvertently made people create weak passwords using predictable capitalization, special characters, and numbers, like “P@ssW0rd1.”

Such a password may seem secure, but the characters and numbers could easily be compromised by hackers using common algorithms and automated robots.

NIST also recommended that people change their passwords regularly, but did not specify how and when to change them. Since many people thought their passwords were already secure because they’ve included special characters in them, most only added or changed one character. But the worst part is that people do not save passwords securely, leaving passwords exposed along with the data that they are supposed to protect.

How to Store Passwords Securely

With a password keeper app, your employees will no longer have to remember multiple passwords. The best password manager apps include advanced encryption tools to protect sensitive data, reducing the risk of compromised user credentials. One of the best and safest way to manage passwords is to use a password manager app such as RoboForm.

Password management tools, or password vaults, are a great way to organize your passwords. They store your passwords securely, and provide a way to back-up your passwords and synchronize them across multiple systems, including your smartphone, so that you have access to your passwords anywhere.

Start with RoboForm free password manager app by clicking here.

RoboForm will not only store your passwords securely, but it will also ensures that passwords are compliant with mixed characters, lower/upper case, and a minimum of 16 characters, which is the recommended minimum length of a password (shorted passwords can be cracked automatically by robots). In addition, RoboForm will also make it easier to create and use passwords.

  • Automatically create and save a password for a new login
  • Store data with military grade 256 bit encryption
  • Easy login by filling out the password automatically when logging in
  • Access to credentials from anywhere with smartphone app or browser

With RoboForm you can stop worrying about remembering your passwords and how to safely store passwords, plus it’s so much easier and quicker to sign in to your apps. You’ll be amazed how convenient it is.

Cybersecurity Tips

Secure passwords are not enough anymore. Due to increased sophistication of hacker attacks and frequency, users must combine other forms of security to stay safe. Here are some additional tips:

  • Use MFA Multifactor Authentication (also know as 2FA two factor authentication) with your login
  • Account monitoring tools – recognizes suspicious activity and locks out hackers
  • Single sign-on – allows users to securely access multiple accounts with one set of credentials
  • Secure VPN connection when working remotely to encrypt data over the network and internet
  • Cybersecurity protection for every computer

Need Help?

Contact us for a free consultation. We’ll answer your questions and provide clarity on how you can protect your systems and employees. Call us at 416-900-6852 or TF 1-877-709-2656 or click here to contact us.

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