Password Guidance
Why Small Businesses Should Use a Password Manager
Enhanced Security: Password managers encrypt your passwords, making them much harder for hackers to access. Storing passwords in a browser or a document leaves them vulnerable to theft.
Unique Passwords for Every Account: A password manager generates strong, unique passwords for each of your accounts. This reduces the risk of a single breach compromising multiple accounts, unlike using the same password across different sites.
Convenience: With a password manager, you only need to remember one master password. It automatically fills in your login details, saving you time and hassle.
Secure Sharing: If you need to share access to accounts with employees or partners, a password manager allows you to do this securely without revealing the actual password.
Regular Updates: Password managers can remind you to update your passwords regularly, helping to keep your accounts secure over time.
Protection Against Phishing: Many password managers can detect phishing attempts and warn you if you’re trying to log into a fake website, adding an extra layer of protection.
By using a password manager, small businesses can significantly improve their security and streamline their password management, allowing them to focus on growing their business instead of worrying about password safety.
"99.9% of account compromise could be stopped by using multifactor authentication, which is a feature that security defaults provides.
Microsoft's security teams see a drop of 80% in compromise rate when security defaults are enabled."