Passwords
Passwords play a significant role in data protection and identity theft prevention. As a result, all major platforms and accounts require strong and secure passwords. Passwords are also used in the workplace, to lock out unauthorized access and keep all data safe.
Is it OK to share passwords?
Passwords are usually personal. It is not, therefore, okay to share passwords unless the situation dictates. Sharing your password should be out of necessity. Remember, shared passwords guarantee unauthorized persons access to a different type of data, at times, even the classified ones.
How can I share my passwords safely?
Even though it is not advisable to share your password, some situations are unavoidable. However, you must ensure that you use a safer means of sharing that locks out unauthorized persons from accessing your data.
Most people prefer using vaults. Digital vaults encrypt and store passwords preventing unwarranted access. Vaults offer secure password sharing, which allows you to manage your shared passwords and other classified information in an environment that cannot be hacked.
Vaults may serve their purpose, but in the long run, you will realize that they have their limitations. Here are some of the disadvantages:
- Vaults make it hard to manage shared passwords with family members. You will have to create various vaults for your family members and share passwords differently to the targeted members to prevent unwarranted access.
- You cannot easily share passwords with your team members. You will need different vaults before you share the password. Once you use vault to share passwords as a team, you won’t be able to prevent anyone from changing the password.
What then, is the safest way of sharing and managing shared passwords? The best means of sharing your passwords is through PassCamp. It offers you more control over your passwords as opposed to the vault. Here are some of the features of PassCamp that you will find worthy:
- It has an RSA asymmetric encryption feature for top-notch data security. This ensures that the shared content can only be accessed by limited people-you and your counterpart.
- It allows you to keep track of any changes made on your password. The other party cannot delete all the undertakings and history. This program, therefore, offers you total control over your data.
- It allows you to label all your passwords to prevent errors.
- Future improvements will also allow you to share passwords to select members of your team without creating different vaults.
https://www.passcamp.com/blog/do-you-need-vaults-to-secure-shared-passwords/
Why you should not share your password
There are several reasons why you should never share your password. Remember, passwords are put in place bar unwarranted access, which is usually costly. In case you are not yet convinced, let us take a look at these reasons:
- It compromises your account security- Sharing your password puts your account at risk. The people you give your passwords can either back them up for future use or store them in an insecure place where hackers can easily reach them.
Therefore, you risk losing sensitive data or information, which has left people jobless in most cases.
- Identity theft- Giving someone your password is equivalent to surrendering your identity to them. All the things they will do with your account will be seen as your undertaking. Someone may also decide to post obscene content or access classified information, which might put you in danger.
- It puts other accounts at risk- The truth is, most of us only have one password for a variety of accounts and platforms. Once you make your password known, your counterpart may choose to access other sites or accounts. Your password may also fall in the hands of hackers, which is even riskier.
Closely related is the single sign-on feature, which allows employees to access different platforms. Sharing your password can, therefore, allow unauthorized personnel to access sensitive company data, which might put you at risk.
- It means starting over. The only way you will ensure that your data is protected after sharing your passwords is by changing them. Sharing passwords forces you to pick and memorize new ones, which might lead to confusion.
Conclusion
Always strive to keep your password secret. If you must share it, however, ensure that you use safer means such as Passcamp.
