If someone gets physical access to your computer, they can easily view your passwords
If you accidentally leave your computer, people around you can easily view your passwords. There will be no password guessing game for them. They can also have access to your private data including social media accounts, financial information, and your private messages.
Can you imagine how bad this could be? They can use your data for their own purposes such as identity theft, money-making scam, unauthorized money transfer, and many more.
Browsers could expose your passwords
Most browsers have their own database of usernames and passwords of their users. There is no assurance that every browser’s storage is encrypted or secure from cyber attacks. This means that browsers could expose your passwords from a data breach. Be reminded that Google Chrome gets information about you including your password for advertising purposes.
More malware can steal your passwords
According to Kaspersky, the malware simply puts in a polite request to the browser’s data encryption tool to decrypt information stored on your computer. With requests seemingly from the user considered safe by default, in response, the stealer gets all your passwords and credit card details.
In addition, some malware uses legit tools to extract and send the passwords to the hacker. Hackers aren’t interested in your password itself. They are also interested in your cryptocurrency, gaming data, and other online payment activities.
Why do you need a password manager?
For better security combined with convenience, use a password manager like Bitwarden. Password managers help you store and fill all your passwords automatically. Passwords, credit card numbers, bank accounts, addresses, and other sensitive information are stored in one place.
Password managers require a master password to protect all of your stored passwords and information. If you remember your master password, then your password manager will let you view your stored information. Password managers store your information in a strongly encrypted form. This can prevent you from being hacked.
This video can help you to get started with a password manager.
If you have any questions or concerns, do not hesitate to message us.