Do You Have a Text Document With Your Passwords?

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A text file or Word doc might seem like the best way, but it does have some drawbacks. First of all, it could easily be read by someone who has access to your computer or by malware. If someone viewed the contents of that document, all of your accounts would be compromised. Users with bad intentions could use that money to steal from your online accounts, commit identity theft, spam others through social media, or hurt your reputation.

How to organize your passwords

One way to make remembering and organizing your passwords a lot easier is to use a password manager. A password manager takes the hassle out of password management and also increases your account security.

With a password manager, you don’t need to remember a bunch of passwords. Instead, you just need to be able to recall your master password. That password is used to encrypt and recall all of your other passwords. The password manager then logs you into all of your online accounts. This removes the frustration of trying to recall all of your passwords! This also reduces the chances of your crucial passwords being stolen by keyloggers and other malware.

If data breaches occur at companies like Yahoo, they often ask you to change your passwords to protect your accounts. Logging into every site and switching your password can be very time consuming. With a password manager organizing your passwords for you, it is a snap to change your passwords when needed.

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November 4, 2014 / By: