Password Manager helps us to store all our passwords in encrypted form. But, are password managers safe to use? This question arise in everyone’s mind. In this article we will learn about the uses of password managers.
What is a Password Manager?
A password manager is nothing but a software application. It is used by a person to store and manage the passwords of his all the online accounts. In today’s era we surf various websites regularly and to access those websites we have to create an account on each and every websites. And for a human being it is not possible to remember all the passwords. So, some users use the same password for multiple accounts or they use some common passwords, which are easy to guess. Of course these passwords are easy to remember but it makes the accounts vulnerable. If someone hacks any of your account he can get the access of all your accounts.
Here the password manager comes into the role. It stores all the passwords in encrypted form, just you have to create a master password. So, if you use a password manager, you can create unique and strong password for each and every account and you don’t have to remember it. Password managers come up with auto fill feature, so whenever you tries to access your account it will automatically fill the password for you. It also suggests you a unique and strong password if you want to create a new account. It’s pretty cool. Isn’t it?
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Types of Password Managers:
1. Locally Installed Software Applications
This type of password managers are commonly installed on the user’s personal computer or mobile devices. This application can be use offline, wherein the password database is stored locally on the same device as the password manager software. This software is very convenient to the user but there are some drawback of this software application, such as- If you lost your device or someone stolen your device then you will loose all your accounts.
2. Cloud based Software Applications
This type of password managers are very secure. It stores the password database in the cloud so, user can access his accounts on any device by using his master password. If you want to share your account with your friends and you don’t want to tell them password, in that case this software can also create a temporary password.
Why you Should Use a Password Manager?
This question arise in everyone’s mind that why we need to use an extra software? Well, here is the answer- We create multiple accounts in our day to day life. To access each and every we need to create an account. In such case we use a common password for all the accounts because we can’t remember all the passwords. But, it becomes very dangerous when someone hacks your any one account and gets the access of all of your accounts. So, to avoid this situation you can use a password manager. If you are thinking that are password managers safe to use, it is almost safe if you use if wisely.
Are Password Manager Safe to Use?
Password Managers are not only safe to use but they also provide a shield to your account. It protects your account from hackers and malware. Password managers can also be used as a defense against phishing. Unlike human beings, a password manager program can also incorporate an automated login script that first compares the current site’s URL to the stored site’s URL. If the two do not match then the password manager does not automatically fill in the login fields. This is intended as a safeguard against visual imitations and look-alike websites. With this built-in advantage, the use of a password manager is beneficial even if the user only has a few passwords to remember. While not all password managers can automatically handle the more complex login procedures imposed by many banking websites, many of the newer password managers handle complex passwords, multi-page fill-ins, and multi-factor authentication prior.
Advantages & Vulnerabilities of Password Manager
- Password managers can protect against key loggers or keystroke logging malware.
- When using a multi-factor authentication password manager that automatically fills in logon fields, the user does not have to type any user names or passwords for the key logger to pick up.
- If the passwords are stored in an unencrypted fashion, it is still generally possible to obtain the passwords given local access to the machine.
- A compromised master password renders all of the protected passwords vulnerable.
- As with any system which involves the user entering a password, the master password may also be attacked and discovered using key logging or acoustic crypt analysis.
- Some password managers attempt to use virtual keyboards to reduce this risk – though this is still vulnerable to key loggers that take screenshots as data is entered.
- But This risk can be mitigated with the use of a multi-factor verification device.
In this article we learnt about what are password managers and are password managers safe to use. I hope you enjoyed this article. If you like this article, don’t forget to share it. Good day!
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