Are you using a password manager app to prevent identity theft or fraud?
If you are put off by the hassle of trying to remember your passwords for every single account, you might be tempted to use a short, memorable password instead. At Storen Financial, we know that this is the quickest way to put your private information at risk. That’s why we staunchly encourage using password manager apps such as Keeper, LastPass, etc. Here’s why…
Password Manager Apps
These apps store your information inside an encrypted database and allow you to generate secure passwords at any time. This means that…
- Password manager apps will generate new, complex, non-repeating credentials for each site you log in to and save them in a vault on your web browser or app for easy access.
- You can also change these passwords at any time, and they will be updated in your vault. No memorizing necessary!
- These passwords will contain a long string of numbers, uppercase and lowercase letters, and symbols, strengthening your password and preventing potential hacking. We recommend using passwords that are at least 13 characters long.
- These apps use two-factor authentication, which requires two forms of identification to access your password vault. This may seem complicated, but often it’s as simple as pressing a button in the corresponding authenticator app on your phone.
- Many of these apps allow you to store pin codes, credit card details, security questions, and online banking credentials.
- Many of these apps also allow you to share one or multiple passwords with family members and other trusted individuals.
Password managers and other similar security tools may seem daunting at first, and many people are hesitant to use them, fearing they will be too complex. However, we have seen time and time again that not only are they easy to use, they are crucial for storing your information safely and securely.
How can I send my documents safely and securely?
At Storen Financial, we are committed to your security, which is why we champion these practices to our employees and clients. For your peace of mind, we also use our secure Client Portal where you can upload your financial documents with the knowledge that we will safeguard your personal information. Click here to learn more about our Client Portal.
Want to learn more?
Here are a few more resources to help answer your questions…
Not Using a Password Manager? Here’s why you should be. – The Guardian
Credential Stuffing – OWASP