Passwords are the keys to the Internet. Every website or application that stores any information that is not meant to be viewed by the public is secured by way of passwords. Are you securing your passwords?
In essence, passwords are the main means that an average person interacts with cyber security on a daily basis.
A major topic of internet security has always been what is considered a secure enough (strong) password. By now, most agree that it should at the very least contain eight (8) or more characters, it should have a combination of upper and lower letters, numbers and special characters.
It should not have any meanings like date of birth, how many children you have, anyone’s name or a name of a place. Ideally it should be some sort of randomized combination of letters, numbers and special characters.
The problem today, as many security focused research shows, is not only how strong your passwords are but rather how most people store their passwords.
(24%) of online adults keep track of their passwords in a digital note or document on one of their devicesPew Research Center
The problem here lies in the fact that having the worlds strongest and longest password is not going to help if you store that password in an email or basically in any digital form that is not encrypted.
Cloud Password Vault is the solution to such problems.
You sign up with a cloud service that let’s you store your passwords. The cloud service will encrypt all the traffic from your browser and devices, by means of SSL, and will also encrypt the data that is stored on their servers. Passwords are encrypted with the strongest encryption standard (AES-256).
If anyone tries to gain access to your Password Vault you get instant notifications when any login attempts are made. You also have Two Factor Authentication (2FA) so hackers will need both your master password and the SMS code to get in.
With cloud password vaults you can access your passwords from any web browser and usually from an APP on any device.
With a Cloud Password Vault you can also safely share passwords with colleagues, vendors, contractors as well as personal friends or family.
The most common question that we get when we encourage our customers to use a cloud password vault is what happens when the cloud vault is hacked?
That is a very good question and one not to be taken lightly. The answer is also fairly simple. The company that provides the cloud service has security engineers that are paid a salary to constantly monitor and prevent intruders and you don’t.
So in comparison, you do not have a security engineer that is paid to secure your passwords. Therefor you end up storing them on a stick-it-note, in an email, excel spread sheet or on a notebook. All of these methods are extremely flawed and leave your passwords vulnerable.
The cloud companies entire reputation hinge on the fact that they can and will secure your passwords and data.