Usually, these passwords are stored in an encrypted database and locked behind a master password. It also generates passwords that are strong and unique. What is a Password Manager? Simply put, a password manager is a software application designed to store and manage online credentials. Instead of creating a potential security vulnerability, we suggest password managers for our clients to handle the vast amount of passwords needed on any given day. At Spectra Networks, we have encountered some less than stellar practices such as keeping a list posted on a bulletin board, using the same password for each login, and insecure sharing of passwords. The 2019 Google Online Security Survey found 52 percent of respondents reused the same password for multiple (but not all) accounts. Unfortunately, coming up with a solution to recall all of them can be an issue.

For the average human, the amount of logins needed daily is too much to remember on their own.

That means four logins before your feet even touched the floor for the day. Most likely you checked your smartphone, logged in to your email, checked your social media, maybe even opened up some documents to peruse before work. Think about how many logins you need to remember just to get your day started. This is where a password manager becomes critically important for both business and personal use. Eighty passwords is a bit much even for the brightest among us.

According to recent research, the average person has 70-80 passwords including business accounts, bank accounts, social media platforms, email, and logins. So are the days of using Qwerty, Password, or your last name as a secure password. Protecting Your Business with a Password Manager The days of keeping your passwords on a sticky note or scribbled in a notebook are long gone.

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