Google Chrome is the most popular web browser by a long shot. When you input a password attempting to log in to a specific service, it will offer to save your password for further use. Many choose to do so, but it’s a bad idea that has much better alternatives.
It’s common to think that storing passwords in a browser is better than not using any password management. However, hackers have developed efficient software targeting web browsers to extract passwords. Software like Redline Stealer or Racoon Stealer doesn’t cost too much and effectively extracts passwords from web browsers.
At the same time, advanced cybercriminals can modify web page code in Chrome dev tools forcing it to unhash and reveal stored passwords. The operation can be done remotely without even infecting the user’s device.
Many Netizens believe they have nothing of value or nothing to hide, but there’s a broader cyber threat scope. Cybercriminals value private information because it fuels personalized Phishing campaigns. Simultaneously, they can deploy Credential Stuffing attacks to steal other, more valuable subscriptions. That would be impossible if the users knew how to secure their passwords with a reliable password manager.
Another critical issue is physical device security. Anyone who can access your device (for example, if you leave it unattended in a library) can also access your accounts. The same applies if your device is stolen without a lock-screen password.
Browser password managers aren’t good for business device security. Corporate password management is a strictly regulated and administered practice. After all, passwords grant access to the most sensitive and secret information. System administrators can control employee access points transparently using a dedicated professional password management system. On the other hand, browser password managers don’t offer any efficient oversight options. A disgruntled employee may access specific information without IT personnel knowing it.
Lastly, we need to overview additional features and benefits. Dedicated third-party password managers offer password generators to assist with forging unique and complex passwords. If you want to avoid using “qwerty,” “admin: root,” “123456,” and other usual suspects as your passwords, a third-party password manager will come in handy.
Some fully-developed password managers offer data-breach scanners. It’s a handy feature that will alert you when your password is leaked online. Considering data leaks aren’t going to stop, having some real-time protection is advantageous.
But most important is the encrypted password vault. Instead of a barely secure browser environment, your passwords will be stored in a secure vault. The vault will be encrypted using the latest algorithms. Furthermore, only a master password can open it up. Even if your device is unlocked and stolen, criminals cannot access the passwords inside.
A genuinely professional third-party password management service uses zero-knowledge architecture. It means even they cannot access the vault and take a peek inside. No angry employee can steal sensitive data. The vault is accessible solely by the original user.
As you can see, third-party password managers have significant advantages over Chrome browser. Many choose Chrome because it is free of charge. However, regarding cybersecurity, saving money is not always the best option.
When picking a professional password manager, ensure it offers solid vault encryption, cross-device compatibility, password autofill, and additional benefits. It will make your online experience safer and more comfortable and prevent unnecessary future troubles.