Why your business needs a password manager

Monday, 23 July, 2018 In Featured News, GDPR Strategies

With an average of 170 online accounts to create passwords for, using a password manager to create and share secure passwords in the work place is essential.

Research from Dashlane in 2015 estimated that the average internet user in the UK had 118 accounts registered to a single email address.

That number is growing by 14% per year, so in 2018 an average user may have somewhere in the region of 170 (personally I already have ~280 both work and private) accounts to create unique passwords for!

Creation of passwords isn’t even the necessarily the biggest problem when it comes to work logins: the top issue is how those passwords are shared.

How do you share yours? Keep them in a spreadsheet that anyone has access to? Shout them across the office? Or the classic, a post-it note on a monitor?

As ESET IT Security Specialist Mark James explains, password managers are designed to do the heavy lifting of creating, storing, protecting and even sharing your most important account details.

“From your daily software services to your work social media, everything we do on the internet requires a password, how are you honestly expected to remember them and share them securely? Well, there’s an easy way.

“Password Managers enable you to do exactly that: every single login can have a complex, unique password and you don’t have to remember it. You don’t actually need to make it up either, the manager will do it for you.

“If you have a digital life then a password manager will help you organise it. Once you’ve got it up and running it’s virtually hassle free and an absolute must these days.”

Do you use a password manager at work? How many accounts do you have stored? Let us know on Twitter @ESETUK.