Furthermore, 81 percent of confirmed data breaches are due to password issues. Instead of trying to keep track of your passwords yourself - or, worse yet, using the same password for all your accounts - a password manager will create a unique password for each of these many accounts.Īccording to password manager company NordPass, the average user has around 100 passwords to keep track of (a 25 percent increase from before the pandemic began).

Below, we answer some common questions that review your options and help you know what to look for.Ī password manager is exactly what it sounds like: a service to manage your passwords across many (likely dozens or hundreds) of different accounts. Here’s what you should consider getting a family password manager and stepping up your information management security. Shared family streaming accounts, phones, and Wi-Fi passwords means even more information to manage. When you throw other family members’ information into the mix, it only gets more complicated from there. In fact, in 2019, 14.4 million people experienced identity fraud.

While you may want to use easy-to-remember passwords - like your birthday or street address - the simpler your password, the more likely someone can hack your accounts or steal your identity. Now it's multiple emails, banking accounts, retirement accounts, online education platforms, Amazon, streaming services, newspaper subscriptions, chat apps, VPNs, social media, and healthcare accounts - just to name a few.Īdditionally, the most commonly used passwords take only seconds for hackers to crack - passwords like 123456, password, qwerty, and abc123, for example.

In fact, a study conducted by NordPass found that the average user has around 100 passwords. It's not just your email and your bank account logins anymore. In recent years, password management has gotten a lot more complicated. If you use these links to buy something, we may earn a small commission at no additional cost to you.īack in the early days of the internet, most people got away with simple passwords they used over and over again for all of their accounts.

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