Your employees are overloaded with passwords for different websites and applications at work and at home, and the human element makes password management all the more essential for bolstering your security.

Whether they are weak or stolen outright, passwords are the gateway to your sensitive data and applications, and using a robust password management system can reduce the risk of threat actors gaining access to key systems.

Combined with multifactor authentication (MFA), password management enables you to securely store credentials, and auto-fill passwords across applications and websites while using strong encryption to make sure to limit access to approved users. Employing a Zero Trust approach can also further enhance security as employees only have credentials for information and applications that are necessary for them to do their jobs.

Password management is especially essential for small- and medium-sized businesses (SMBs) who have limited IT resources for security – bolstering password management is an example of where an ounce of prevention is worth a pound of cure in an era where password-related attacks are a growing security threat.

Common threats to passwords today include brute force attacks, where attackers repeatedly try to guess a password through trial and errors; dictionary attacks that guess real words and phrases commonly used for passwords; and keylogger attacks, which use software to record each keystroke to identify a user’s login credentials.

Given the many ways hackers attempt to exploit passwords to gain access to applications and data, there’s a huge onus on users to manage their many passwords. They can’t do it alone, which is why you must implement a robust password management solution to help them create strong, complex passwords that can’t easily fall prey to common techniques employed by threat actors.