Steps for: Password ManagersBilly McKindley
A password manager is a software application that is used to store and manage the passwords that a user has for various online accounts and security features. Password managers store the passwords in an encrypted format and provide secure access to all the password information with the help of a master password.
There are many types of password managers, differing in the way they encrypt the information, type of storage and the additional features provided. Password managers usually incorporate some additional features like automatic form filling and password generation. The automatic form filling feature fills in the login information for a particular URL whenever it loads, and thus reduces manual errors and protects systems from hacker attacks such as keylogging. As password managers can identify the right URL for a particular login ID and password pair automatically, they are capable of protecting credentials from phishing sites. The automatic password generation feature available in certain password managers helps to create strong, unique and random passwords for each account.
Some types of password managers are:
- Web browser-based
Other types of password managers include online password managers and security token password managers used in multi-factor authentication applications.