Password management tools are software programs that put up enough security and safety mechanisms in place to ensure there’s no password breach.
Your employees can use the program to generate random, high-security passwords as per the industry best practices. They don’t have to worry about remembering them either, because these tools have built-in mechanisms to store the passwords securely and retrieve them automatically when needed.
Why You Should Have Password Management
Leaked passwords from data breaches can pose a serious threat if users reuse or slightly modify the passwords for other services. With more and more online services getting breached today, there is still a lack of large-scale quantitative understanding of the risks of password reuse and modification.