Why Storing Passwords in Your Browser is Unsafe
It might be easy, but from a security standpoint, storing online passwords in your web browser is extremely risky. Anyone with access to your computer can hack their way into your accounts with the simple click of a button. Malware can easily extract these saved passwords from your browser, and jeopardize your privacy.
If passwords stored in your web browser are compromised, you could be in trouble. Access could be gained to your banking or credit card accounts. Fraudulent purchases could be made on various shopping sites. Your reputation could be ruined by misuse of social networking sites, or you could risk your personal identity stolen.
It’s very important that online users ensure that their passwords are protected.
Protect Your Passwords
What if we told you that password security and automatically logging in to your favorite websites was easy? With a password manager, you can get the security and convenience that you need when it comes to managing your accounts and passwords.
Why Storing Passwords in Web Browsers is a Bad Idea
Your web browser lets you store passwords for convenience. However, it can also put your passwords at risk. The truth is very simple: if your web browser stores and can read your passwords, people using your web browser can as well, and malware can also easily harvest these passwords.
In the summer of 2013, it was well documented by the online media and security researchers how easy it is to steal passwords from many versions of Chrome. All you need to do in some Chrome versions to access passwords is to click on settings in the browser drop-down menu and navigate to the Show Advanced Settings > Manage saved passwords, under the Passwords and Forms Box. To access saved passwords, simply click in the field next to any of the saved passwords and hit Show.
These steps let you view any password stored in some versions of Chrome. That means anyone with a bit of know-how and access to your computer could steal your passwords for banking, Facebook, Twitter, online email, Instagram, Amazon, and any other online shopping site.
Chrome isn’t alone. Internet Explorer, Firefox, and other web browsers also have vulnerabilities when it comes to browser stored passwords.
November 4, 2014 / By: SpeedyPassword Team