What to Know Before You Pick a Password Manager.
Password managers are amazing. These smart applications make great security easy for you and your team. They generate long random passwords for all the software you use, so you’re never tempted to reuse a password. Then, they remember these passwords for you, and even autofill logins. You only have to remember one thing… your master password. What a relief. But remember to set up multi factor authentication for this as well.
Before you pick a password manager for your business, there are three things you must make sure it has. First it must be protected by end-to-end encryption. This means even if your data is intercepted, no one can read it.
Next, make sure the manager works across all applications and browsers on all devices.
And finally, make sure you retain central control over your business’s password manager. If a member of your team leaves, you can immediately remove their access to all your systems – at the push of a button.
But this begs the question, “what if the password management system gets hacked?”
Well, that can happen, and recently did. Here’s a video about that.