Should I or Should I Not Use a Password Manager

On a daily basis, the number of sites with password protection which a person visits can be about ten or more. These sites can be social media networks, e-commerce sites, and banking sites. With the Internet of Things, browsers and devices have access to passwords and usernames, which connect to websites automatically making it easy to lose track of logins.

Password theft remains the most significant problem associated with cybersecurity. It is a crucial area of focus in the world of business since a weak password can cause a leak of classified business information.

The effect of a weak password includes the leak of customer accounts, private information, financial records and Social Security numbers which can jeopardize a business. Unprecedented losses can occur within the space of hours after a password is cracked.

A degree in cybersecurity makes IT personnel more efficient when providing a corporate body with password management services, which is why the need for password managers is on the rise. Companies need their services as they address the protection and organization of login details.

What you gain with Password Managers

The problem with the login details of most people is the use of personal information that is easy to guess, such as, date of birth, anniversary date, or the name of spouse. While this is a bad idea, it is the most logical since it uses references which come to mind quickly and easily.

A large population of people that makes use of the Internet is the one that started using it when it was still in its infancy. However, most people have developed specific behavioral patterns that are hard to change. Punam Keller, a consumer information-processing expert, in her article “Why We Don’t Protect Our Passwords,” gives insights as to why most users still have passwords which are weak.

According to Keller, while some people ensure they do not use weak passwords, others lack awareness on the ease with which passwords are hackable. While such people may be considering creating a more secure password, they often delay it until a time when things get out of hand, and they end up losing vital information.

Software such as Dashlane, 1Password, and LastPass can keep records of your passwords either on your mobile phone or browser depending on where you install the software.

Joseph Cox and Lorenzo Franceschi-Bicchierai describe password managers as applications to generate secure passwords and help you remember these passwords. In their article “The Motherboard Guide To Not Getting Hacked” they also explain that password managers only require that you learn one password which acts as a combination to open a vault.

The most effective login credentials are those that are not associable with the user. They should not contain information such as address, date of birth, or name since they are among the first combinations hackers put in their password generating tools. While the primary function of a password manager is to act as a password vault, a lot of them also provide a service to help users generate passwords.

From NakedSecurity’s blog article, “Why You Should Use A Password Manager,” we see that coming up with a password and remembering these passwords for all the services that one might be interested in is a difficult task. That is why password managers are necessary. They generate unique passwords which combine numbers, characters, and letters.

Risks of using a Password Manager

As long as you are online, a password, either generated or not, no matter how complicated it may seem, will always be susceptible to a hack. One of the tactics is through attacking your password manager to gain access to all your passwords. Another method is by monitoring a public Wi-Fi network’s traffic to decipher the passwords in use.

In the article “Password Managers May Not Be As Secure As You Think,” published in 2017 on BetaNews.com, Mihhaita Bamburic gives the result of tests carried out by TeamSIK on some of the most recognized password managers available.

In the report, based on the number of vulnerabilities with all having at least one, the best password managers are Hide Pictures Keep Safe Vault and Informaticore. Others like Dashline had four apparent weaknesses, while Keeper had two, and Avast passwords had six.

The password manager operates by filling out the required login fields on a site as long as the device has the details of your master password. The master password is the password used to keep your other passwords safe.

“Keep Using Password Managers – Bugs And All,” by Fahmida Y. Rashid, published on CIO.com explains that using password managers with few vulnerabilities that are fixable provides more advantages than having to commit all your passwords to memory. She also states that more often than not, people mistake product safety to imply product security.

Maryville University’s Online Degree in Cyber Security

Maryville University  provides course options that help students gain skills in mobile security, malware analysis, digital forensics, and ethical hacking techniques. Students also get a chance to use the virtual training lab to acquire the necessary skills and practice them.

There are also excellent opportunities that await students after graduation. They can choose from positions in top tech companies such as a security analyst, networking consultant, network architect, and information security manager.

Contact Maryville University to learn more.