Last updated on August, 1
🏆 Best Password Managers for August 2021
Manage all your web accounts in one seamless application. A password manager can give you top-level security when it comes to managing your accounts and passwords.
What is a password manager?
Casually storing your passwords can affect your privacy, so how can you better protect yourself from possible breaches? This is where a password manager app comes into the scene. A Password Manager is a software application designed for seamless storage and management of your online private details. It locks your passwords and data to maintain fail-safe security.
Why do you need a password manager?
Sure, you can juggle multiple accounts from various platforms, but can you manage all their passwords? This issue is one of many reasons why you need a secure password manager now—memorizing password after password can grow into a bigger problem. But the best password managers optimize data security and showcase extensive versatility.
Top-Level Cybersecurity Like No Other
With an advanced password manager app, all the essential passwords and data you’re handling is safe in a multilayered security system. All your passwords are under encryption security, so you’re guaranteed to make the most out of the multiple platforms you’ve signed up on without worrying about security breaches.
Keeps Your Passwords in One Place
You may handle multiple accounts at once, and it can be a hassle to keep all your passwords safe from malicious eyes. But with a password manager app, you can pocket all your confidential passwords and data in one software and device. Password manager apps are the very definition of convenience, since you don’t have to open up different data storing apps.
Creates Stronger Passwords for You
Sometimes, you opt for a more straightforward character combination by setting up a password like your birthday or favorite codes, but doing so can invite more risks for your privacy. A password manager professionally selects unique and strong passwords for you—making sure you’re unharmed from possible cybersecurity threats.
Never Reset Passwords Again
Storing your passwords is a smart way to access your accounts easily. Gone are the days of continually resetting your passwords because you’ve forgotten if you capitalized or numbered it. With this, you’re saving yourself the hassle of making up unique passwords in times of account retrieval.
Signing in Is Ultimately Faster
Are you tired of typing your account information repeatedly? With a password manager, you don’t have to do this again. With a convenient autosave and autofill feature, your username and password are automatically typed in—ultimately speeding up your log-in and transaction processes.
Access Data from Any of Your Devices
Password managers make it easier for people with multiple accounts as it syncs your encrypted data on all of your devices. With a password manager app, you can easily access your accounts on your smartphones, tablets, laptops, and more. Just like that, this usual problem gets cut from your list of worries.
Option to Pay or Not
Password managers offer premium plans which may qualify to give you excellent features and exclusive services. Premium deals are ideal for professional environments, and prices vary depending on the stretch of their offers. But if you’re someone who just needs an online crypto password manager for general password storing, you can opt for a free version—and it works just as perfectly!
Core features of password managers
Password managers are the rage of companies and individuals right now. Given their secured nature and easy management features, you can assure that your passwords are safely handled and managed. The following are some of the best features you can use on password managers:
Advanced Cybersecurity Shields
The best password manager app is the one with multiple security levels. Password management software builds security features as your strong defense against cybersecurity attacks—assuring you consistent and safe navigation on your accounts.
256-bit AES Encryption
256-bit encryption is one of the most secure password manager protection systems as it supports the most substantial bit size—making it the gold standard in encryption. Encryption guarantees lasting protection for your passwords and data; hence, maintaining your safety all the time.
Password managers recognize that your data is private to you. With this feature, it simply means that you’re the only one who can view all your stored information on the software. Not even the software manager can access it, so this way, your privacy is respected and observed.
Risk alerts automatically relay all possible security threats to your accounts like breaches, hacks, etc. So you can immediately resolve this before it’s too late, and the software can give you proper instructions on what to do.
Safe Account Sharing
This feature allows you to give access to multiple people without sharing the actual password. For example, you’re a social media manager who controls the account password. With a password manager, you can give access to warranted people without revealing the actual password. Therefore, enabling productivity while still keeping the password unknown to others.
Multi-Factor Authentication Features
Password managers have next-level degrees to their security system, so the features mentioned above are just the first level. Having multi-factor authentication features means you’re the only one who can access your accounts as it only gives a pass once you provide the authentication requirements.
This step is an added layer of protection for your passwords and data. You will first enter the master password (the first password you’ll type in to access your password vault), and once you pass that, the manager will send a unique verification code to grant access. This code is sent only to you, so no one can have the chance to break into your passwords.
Mobile devices today integrate biometric data to enhance security measures. Examples of these are your fingerprints, face ID, or even your voice. Biometric data is unique to you; that’s why password managers use it. This way, you have a unique, irreplicable key that’s innate to you.
Data Safe-Keeping Features
The primary benefit of a password manager app is secured data storage. This feature will be like your virtual vault, where all your intangible properties reside. As mentioned above, your online credentials are correctly encrypted.
Password Vault Manager
A password manager software is designed explicitly as a foolproof home base for all your primary online credentials. These include your account passwords, usernames, and secure notes. All of these can be managed, accessed, and protected with top-notch security measures. Thus, putting your safety at a maximum.
Confidential Information Storage
Since password manager apps have multifaceted security methods, you can also make this software an inventory for your credit cards and payment details. Plus, it makes it easier for you to complete future online transactions because you don’t have to do the fill-outs frequently. You can also store data, such as family information, social security numbers, driver’s license number, and more.
Automatic Log-in Features
This software speeds up your process when it comes to submitting your account sign-in information. These details sync to your password manager, so you don’t have to fill out lengthy registration forms anymore. Features like these save your time and avoid misspellings.
Autosave & Autofill Initiative
When you save your login credentials or payment details in your online password manager, autofill features can provide your account information on the form fields effortlessly. It’s also called the one-click log-in. Plus, it’s convenient when you’re shopping online because it quickly registers all your payment details for you.
Password and Username Generator
It’s a universal truth that ill-thought-out passwords make it easier for hackers to do their jobs. Password managers have a built-in password and username generator, so you don’t have to spend time calculating the best combination of characters for your password. Password managers know how to create the best unhackable password so that you can avoid further security risks.
Types of password managers
Password managers have variation based on how they will be used. These types can vary differently on their storage, security methods, features, and limitations. By looking at these types, you can identify what the best password manager for you is.
Desktop-Based Password Managers
A desktop-based password manager is a type of software that functions as local password vaults on your device, like your personal computer. All the data, like your usernames and passwords, are stored and protected with encryption. Desktop-based password managers are one of the most well-known and oldest types in general.
Pro #1: Only you can access your passwords.
Your data is stored and encrypted directly to your device, so you’re the only one who can access your passwords.
Con #1: You can't access it on other devices.
Since your data is stored locally on your device, the downside is you can’t access them from other devices. So if you lose that device, the data will be inaccessible anymore. Plus, this type of password manager is not ideal if you share your device with other users.
Cloud-Based Password Managers
With this type of password manager, your personal data are safely cached and encrypted to your service provider’s server. By using a highly secured communication channel, the data then transmits from your web browser.
Pro #1: You can access your password anywhere.
Unlike the previous type, cloud-based password managers allow you to access your passwords anywhere. So if you own more than one device, this is the best type for you.
Con #1: Not that secured
You don’t have full security-control over your data since it’s directly stored in your service provider’s system.
Browser-Based Password Managers
These are integrated password managers in your browsers where you can also store your login credentials, such as usernames and passwords for automatic form field completion. Chrome, Firefox, Internet Explorer, and Safari are several browser examples with this type of password manager.
Pro #1: Easy to use
Browser-based password managers are easy-to-use and straightforward as they’re already set up on your local browsers. Plus, it’s free of charge.
Con #1: Has limited features
This type of password manager offers limited features—lack advanced security techniques, no sync option, and no built-in sharing feature.
Token-Based Password Managers
Similar to previous types, token-based password managers also make an ideal password and data storage software. But this password manager type requires you to provide a security token other than your login credentials. Security tokens almost have the same principle as multi-factor authentications, where it acts as a second layer of authentication credential.
Pro #1: Privacy on your data and passwords
Incredibly more geared to defend against inevitable breaches and security threats. Thus, you’re guaranteed to have fail-safe privacy on your data and passwords.
Con #1: Complex and expensive
Token-based password managers are highly-technical, so it’s best not to use it if you only need simple password management software. Also, it’s complexity requires more budget—making it more expensive than the previous password manager types.
Stateless Password Managers
A stateless password manager is one where passwords are generated randomly. These passwords make use of unique combinations of username, site password, and a master password.
Pro #1: You have the full control
Your passwords aren’t transferred in the service provider’s database, so you have full control of its security and management.
Con #1: Doesn't have a sync option
Similar to a browser-based password manager, this type doesn’t have a sync option.
Who needs a password manager?
May it be you’re a handler of social media, email, work, or other site accounts, a password manager app is a staple for your cybersecurity. This app can help you mainly in protecting your online credentials, such as usernames and passwords. With its multilayered security defenses, these make it impossible to be penetrated by unwarranted access.
Are you someone who loves shopping online? Well, you can now make it 10x easier to complete transactions using a password manager app. With this, you can store all your confidential credit card and other payment details in an encrypted vault. By allowing the autosave and autofill option, you don’t have to manually type in these details every single time—as the software will automatically complete it for you.
Social Media Managers
You may be someone who handles a client account and oversees a team that mainly updates the actual account. With the password manager’s account sharing feature, you can easily give access to your team without providing the actual client account password. This feature ensures that you observe your client’s privacy, which is one of the most vital aspects that social media managers should maintain.
Password managers modernize and improve the way employees handle their login credentials. In a corporate setting, secure passwords are the top priorities for ensuring the company’s overall security. Good thing these apps have a built-in password generator, where passwords are safely stored and synced to the cloud. With this, businesses can minimize issues like password retrievals and strengthen defenses against phishing attacks.
Schools need to integrate password management software since staff manage multiple passwords used to access confidential school-related information. These commonly include school emails, shared files, Student Management System (SMS), and more. These data can be protected with a secure password manager. With this, only warranted staff can access this information—avoiding mishandling and legal conflicts.
Step-by-step guide on how to set up your password manager app on your mobile device
Step1: Read app and service reviews.
The point of acquiring a password manager is to enjoy its features based on your needs. That’s why it’s crucial that you read different password manager reviews before you select the right brand for you.
Step 2: Identify the extent of your needs.
Make sure you’re certain on what your needs are for your data privacy. Do you need premium features like password sharing for your organization? Or do you just need a password manager that’s free to use where enough features are offered to store your passwords? These are the kind of questions you need to ask yourself.
Step 3: Download the app and create your account.
Download your preferred password manager app from the app store or website. Once done, you must create an account first. Look for a text link or button that indicates the account registration. Once done, it will direct you to the signup page where you can submit your active email address.
Step 4: Activate your account.
Once you typed in your email address, an activation email will be sent to you. You just need to tap the activation button or text link. Once done, it will direct you back to the app again.
Step 5: Create a secure password.
This first password will be used to open your password manager account. Make sure you create a strong combination of characters for a higher chance of avoiding privacy breaches.
Step 6: Create your master password.
The previous password and master password is different. A master password is the only key to your encrypted vault. With the same process, you will create a unique and strong combination of characters that you must always keep in mind.
Step 7: Keep your recovery code.
As mentioned earlier, you must keep this code with you, as this will be your only way to access your vault if you happen to lose the master password.
Step 8:Use your password manager.
After you followed the steps correctly, your account is now active and ready to use! Some apps may provide you a demo or on-screen walkthrough to familiarize yourself with the interface and functionalities.
Frequently Asked Questions (FAQs)
For payment of premium password manager plans, most service providers accept and process transactions from all major credit cards such as Visa, Mastercard, American Express, and Discover. You may also pay through verified e-wallets like PayPal.
Master passwords are the only way to access your encrypted data; that’s why you need to memorize them. The process may differ in other software, but here are some simple steps you can follow to create a master password:
1.Log in first to your password manager app. From there, type in your email address and your account password. Some apps allow you to choose a unique code for access. The system will send a code to the email address you used to log in.
2.Once done, the app will redirect you to a page where you can make your master password. You may take your time with this. Make a combination of letters, numbers, and unique characters to increase your password difficulty level.
3.After you set up your master password, you will be provided with a recovery code. You need this to access the vault if you happen to forget the master password, so it’s best that you keep it in a safe place.
Various password managers have different models to suit the diverse demands of the masses. To start things off, you can learn and read mixed password manager reviews. Reviews can help you broaden your knowledge about the extent of the service offered and its features. Here are your options:
If you’re someone who just generally needs a secure place to store your password, it’s best to utilize a free password manager. Again, read reviews first to know which is the best free password manager for you.
But if you’re working professionally, it’s highly recommended that you opt for a premium app. Aside from its feature designed for business settings, you can also benefit from its top-notch security system geared to protect confidential data from leaking.
Yes. Some apps allow offline password manager operation. But note that you should enable the offline mode in your account settings before you access your password vault without an internet connection.
You’re highly advised to make sure you keep your master password safe at all times. But forgetting your master password is expected. Don’t worry, just follow these simple steps to resolve this issue:
Look for your Recovery Code. A Recovery or Backup code will be sent to you as a temporary access key should you need to reset your lost master password.
Submit your Recovery Code. Click the Forgot Master Password, and you will be asked to submit your Recovery Code. Be sure to type it flawlessly to avoid further problems.
Reset your master password. Once you successfully filled up the code, you can now create a new master password. You’ll receive a new recovery code once done.
An open-source password manager simply means that a service provider freely grants users like you to review, audit, and contribute to their software codebase. It’s inherently developed in a collaborative manner, hence the term “open-source.”
You can enable your biometric login system on both iOS and Android OS. For iOS, you can set this up on the Settings to allow the Touch ID or Face ID login option. Note that Touch ID is only available for iPhone 5S (and newer) devices. You can do the same for Android settings, but note that fingerprint functionality only works on a select few Android devices.
When you cancel a subscription plan, your previous program will turn back into a standard or basic password manager software version. Luckily, you can still access and manage your passwords through limited features.
Sometimes, you may encounter password manager apps that don’t necessarily meet your expectations. If you’re not satisfied with the service, you can decide to cancel your subscription and request a full refund. Some companies may also give you a 30-day money-back guarantee. Consider contacting your service provider first to state your concerns, so they can help solve some of your specific issues.
Yes. The first thing you need to do is erase all the confidential data and personal information on your password manager vault. Then, email your service provider regarding your request for account closure. Also, make sure to attach the email address associated with your password manager account. Once you submit your request email, they will either provide you step-by-step instructions to close your account or do the account closure process for you.
Phishing attacks commonly happen when an unaware user provides their confidential account details to hackers. For example, you receive an email posing as your bank. This email will ask you to click a site link to take action for your compromised account. At first glance, the website looks exactly like the official bank website—that's why many users fall into this trap. The next thing they knew, the account was breached and looted.