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You know the old saying: The only certainties in life are death, taxes, and having to change your password on a website that got hacked.
Even major web services like Yahoo and LinkedIn aren't immune to security lapses, and whenever they happen, you’ll find countless articles imploring you to install a password manager such as LastPass, Dashlane, or 1Password. By using these programs, you can give every site its own complex password and avoid bad habits like applying the same password across multiple sites.
If you’re like me, you’ve probably ignored this advice for years. Who wants to learn a new way to sign into websites, especially when it involves trusting a random company with sensitive information? Your own memory might be imperfect, but at least you know how it works.
A few weeks ago, inspired by a question from a reader and Twitter's recent password leak, I decided to take the plunge with LastPass. What I’ve learned is that password managers can be useful, but they’re not as essential as they’re sometimes made out to be.
How password managers work: Password managers can run as an extension within your web browser or as a standalone application, in both cases storing all your passwords behind a master password that you create. (This should be strong but memorable, and also kept somewhere safe on paper). Once installed, the manager will recognize when you're logging into a website and offer to save your credentials. Then, it can automatically enter those credentials the next time you log in.
What’s the point? Password managers are partly about convenience, providing a secure place to look up all the passwords you’ve stored. But over time, the idea is that you’ll create more secure passwords that are different for each site. Most password managers can generate random codes for you, and some (including LastPass and Dashlane) can even change passwords automatically on your behalf at some popular websites .
Are they safe? Security experts have occasionally found vulnerabilities in password managers, and a few years ago LastPass suffered a security breach in which it prompted users to change their master passwords. Still, experts generally agree that password managers are safe, and promote better habits than remembering passwords on your own.
What are the downsides? Using a password manager isn’t always so convenient, especially on mobile devices. While you can install a password manager app on your phone or tablet, you won't get the same automatic login capabilities as your web browser unless the app you're signing into supports it. That means you'll have to copy and paste (or drag and drop) your credentials into the app manually. Game consoles and streaming boxes can be an even bigger hassle because they don't support password managers at all. If you've created a complex password for a service like Netflix, for instance, and want to log in on a Roku, you'll have to look the password up on your phone or computer, then type it in by hand.
What are the alternatives? Most web browsers can store passwords for you without a third-party manager, and so can mobile operating systems such as Android and iOS, but these won't help you create complex passwords or retrieve them on other devices such as game consoles. A better alternative is to generate fewer passwords in the first place. Many sites, for instance, offer a "sign in with" option that works with your Google, Facebook, or Twitter account. Those accounts then act as a master key that you can lock down with two-step authentication, which requires an extra code or prompt sent to your phone. This way, you get an extra-secure master account and fewer passwords to remember.
Ultimately, any approach you choose involves trade-offs between security and convenience. Using the same easy-to-remember password across every website is convenient, but drastically increases the risk of password theft. Two-step authentication is a pain, but is practically guaranteed to keep your accounts safe. Password managers provide a middle ground of sorts, putting less demand on your memory without sacrificing strong, original passwords. It's especially useful for protecting sensitive accounts that don't offer two-step authentication on their own. Check out Wirecutter's recommendations and PCMag's feature chart to get started.
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