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The Importance of Password Management

Back when the internet was young, it was fairly common to only need to remember one or two passwords to survive traversing the web. However, huge improvements in technology over the last few decades has given rise to a number of game-changing, business-essential subscriptions that companies can't live without.

And with new, vital online resources, the need for multiple, unique passwords begins to grow too. Passwords are the key to unlocking and accessing perhaps hundreds of different online resources within a company, meaning the importance of password management cannot be overstated.

Here's how a good Password Management tool is useful:

Never Needing to Memorise Another Password

Forgotten Password? It's a question that has caused us all distress when trying to log in to one of our most used and trusted online resource. You've created such a strong, impenetrable password that features letters, numbers and special characters, it's so well protected that you're struggling to access it it yourself. This can be frustrating for any user, but can be especially stressful when trying to access a resource that holds important company data, saved work or invoices.

Using a password management tool removes this issue altogether. You simply create a strong enough password on any of your website/resources and the password manager will store it away safely, so you can log in automatically without having to remember it.

Faster Access

Whilst sieving through countless password combinations in your head is time consuming enough as it is, a good password management tool can store specific passwords to online resources and provide autofill features for seamless access. Password Management tools are not simply great for storage, they also actively improve a company's workflow and productivity by speeding up the inconvenience of logging in to an online subscription.

Complex Passwords

We often make the mistake of creating passwords that are easy to remember. A name, a favourite band, a birthday. It’s also common for these passwords to be repeated to avoid confusion when logging in to multiple websites. This is an easy way for hackers to access private or important data for not just one resource but multiple. With a password management tool, highly complex and unique passwords can be created and filled in automatically for each resource.

Store passwords safely

On the topic of security, password storage isn't just important in accessing online resources, but keeping them out of the wrong hands. Not only that, many businesses still keep passwords filed in physical formats, which can easily fall prey to physical damage, be that a coffee spill, or, in more extreme cases, fire and water damage. Using a password management tool keeps your passwords stored in a highly secure and heavily encrypted database, creating a safe space for all your online resources.

Find out more about Password Management here.