A Password Manager is a software application that assists in generating and retrieving complex passwords and storing these passwords in an encrypted database. An example of a password manager would be LastPass or 1Password, highly recommended by security professionals.
SMBs are most certainly are at risk to everyday hackers. Hackers breach Small to Medium Sized businesses 15x more often than larger firms. Hackers know this and target you because of it. SMB’s generally lack resources to properly secure systems, fail to train employees on cybersecurity hygiene, and sometimes lack proper security tools.
For these reasons, CyberHoot recommends all SMB’s take these actions:
Train employees on how to spot and delete phishing emails. Here’s a free video to help with this: How to Protect Yourself from Phishing Attacks.
Taking these proactive measures can reduce your risk of a costly breach, downtime, brand damage, and a cyber insurance claim (or all four).
Related Terms: Password, Passphrase
Source: Business Insider