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Why you should use a Password Manager Tool

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With so many programmes and different types of software involved in businesses, you need multiple passwords for peace of mind. To avoid being hacked and improve business cybersecurity, it is common knowledge that you need to use unique and complicated passwords. For example, if you use the same basic passwords for all websites, hackers can compromise your systems as it is easy to guess (like your birthday or business name). Neuways recommend using a password manager tool to help your employees with all of their admin.

How are you meant to remember passwords without writing them down on paper or an unsecured document?

The solution: passwords must be reset each time as remembering so many is not practical. However, there is a better solution, and it comes in the form of a password manager tool.

Below, Neuways explain why a tool for remembering and managing passwords is so important and how it can benefit both the business and a personal level.

What is a password manager tool?

Password managers can securely store and retrieve users’ login information for password-enabled websites from any device. They also help you log in automatically, which is a big bonus. But this doesn’t sound secure. Do not worry; password manager tools encrypt your database with a master password. So whilst this still needs to be complicated to guess, it is the only one you need to remember.

It stops you from reusing passwords

Whilst a password manager tool keeps your passwords in one place, it is more than a one-trick pony. Password managers generate strong and unique passwords for you. Then, it automatically fills them into apps and websites for whoever is trying to access them.

Not reusing passwords is perhaps the most critical aspect of a password manager. If there are password leaks, having the same password for everything can be catastrophic.

Individual Access – it is not just one big portal

The automation factor is vital because it allows individuals to have their private vault. One primary concern for users of password manager tools is that everybody in the business can access all the passwords; this could not be further from the truth. Every user and employee will have a private vault to store and manage data and passwords. So there is no need to worry about individuals having access to other people’s passwords or systems; it is all stored individually!

The tools mitigate the risk of any data breaches

At Neuways, we have a favoured password manager tool that we would recommend to any interested parties, and it is highly thought-of by businesses and smaller enterprises to keep your data safe and protected through cybersecurity. In addition, the zero-knowledge security architecture that defines password manager tools is an added security level that helps to safeguard and mitigate any data breach.

In a world where cybersecurity needs to be at its highest for your business, the best password manager tools also encrypt data at the customer-device level. It does this using layered, record-level encryption which provides world-class protection for files and credentials.

Are password manager tools easy to use for employees?

A password manager can ease security concerns and alleviate the fear of locking yourself out of any websites or software. For many, remembering your password can take up a lot of brainpower. A password manager tool is a more secure way to store passwords than writing them down in a book to be kept by your desk. Additionally, it frees up that extra time to be more creative in your role.

To answer the critical question, they are also easy to use. Many password manager tools have extensions you can install into your browser; this makes them easy to use. Then, head over to the website you are trying to access and log in. The password manager will remember your password – when you log in. So, type in the master password, and the appropriate login information and the password appear. You will not need to re-enter your master password again when logged in.

Remember, if you are setting up a new login for a website, the password manager tool can help you choose a secure and hard-to-guess password, making your data and website far more secure.

What about the browser-based password manager tools?

We recommend that you do not use browser-based password manager tools. They do not have the same level of encryption as others do and are hence less secure. In addition, some browser-based tools allow potential hackers to access your list of passwords through your computer’s hard drive.

If a business owner or employees are working from one device or home, a password manager tool is the most secure way to keep your data safe.

For more information about the Password Manager tools and how it will benefit your business, contact the Neuways team today, or send a message to: hello@neuways.com

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Frequently Asked Questions

As a leading IT and technology provider, we offer three core services, all of which have additional add-ons. We offer Managed IT Support, Business Central implementation and consultation, as well as Managed Cyber Security. Call us on 01283 753333 if you are interested in any of our services.

Contact us

Support: 01283 753300

Business Development: 01283 753333

Purchasing: 01283 753322

Admin and Accounts: 01283 753311

Email: hello@neuways.com

Managed IT support is a comprehensive solution where an expert IT provider, like Neuways, handles your technology infrastructure. This includes proactive monitoring, maintenance, cyber security, and support.

Yes we do. Your business needs Cyber Security due to the increasing number of cyber threats that are affecting businesses in all industries. If your business has data and technology systems implemented, you will need Managed Cyber Security.

Yes we can. We have our own dedicated Microsoft Dynamics 365 Business Central teams who work to ensure that we can implement the right systems and solutions into your website that are absolute right for you. 

Exclaimer Pro is a dynamic email signature that helps clients to switch and change around email signatures so that clients are able to advertise different offers and brands to a variety of email recipients. Administrators can also manage user emails internally, meaning the user does not have to touch their own email signature.

We offer Managed Security Training to help employees spot email phishing attacks, spear phishing attacks and vishing attacks. We also help train clients on how to use the various pieces of software we provide to clients, like Exclaimer Pro, Business Central and Cybersafe software.

We are a Managed IT Support provider based in Derby, East Midlands. However, we cover so many areas including the whole of the UK, Europe, and America. We are always willing to travel and send our expert technicians to ensure you have the best experience. 

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