Password Managers: Safeguarding Crypto Access

Password Manager is a tool or software that stores all kinds of passwords needed for online applications and services.

What is Password Manager?

With so many passwords to remember, many experienced Internet users have entrusted a password manager with the security and management of their passwords.

Password manager is a time-saving tool that encrypts and stores user passwords so they can access their accounts when needed.

Typically, a web browser may already have a password manager installed, but there are also password manager programs that can be downloaded separately.

The downside of password managers is that they can make a person vulnerable to losing access to all of their accounts, so many password managers require 2FA for extra security. Unfortunately, if someone hacks or forges the master key (the password manager password), a hacker can gain access to all of the user’s login information.

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