In todays world we all have many online accounts that require passwords to secure them and the security is critical to protect our personal and financial information.
The Problem
How do you remember or keep track of all of these passwords, in a safe and secure way. You could use the same password for all of your accounts. That would make it easy to remember but it's if a hacker breaks your password for one account, they have access to all of your accounts. Even if you accept that risk you will inevitably be required to change the password for different sites at different time and each site will have different requirements preventing you from using the same password.
You could keep track of your passwords on paper or type them into a note application but if a hacker gets access to that dat they will have access to all of your accounts.
You could use a password manager to record all you passwords in a secure way BUT even with a password manager (like
Global Key
) you will have a master password or key and if a hacker gets that master password they will have access to all of your accounts.The Solution
The solution is to record you data in a way that provides you everything you need to remember your password but still prevents hackers from having your password even if your data is hacked.
Global Key
advocates a two step strategy for managing passwords that prevents hacker from accessing your accounts even if you mater password is hacked.- Use a password manager, like
Global Key
, that uses strong encryption to secure your data.Global Key
uses Bank grade encryption (AES 256 bit) to protect your data. - Design your passwords into two parts, one that will be different for each account (we'll call that the 'site specific' password) and one that will be the same for all accounts (we'll call that the 'global key'). Now you can record the site specific password but if you data is hacked the hacker will not have the complete password for any account. The bottom line is that a good strategy is always better that any tool.
Example:
I'm going to use '
1234
' as my 'global key'. This value is never written down, it's only in my memory. Now I have two web sites I need to keep track of the password, example.acct1.com and example.acct2.com. When I register with these web sites, i'll use a unique password for each.- For the account at example.acct1.com I'll register with the password
1234
CuLater. Then I'll record CuLater as the 'site specific' password inGlobal Key
.- For the account at example.acct2.com I'll register with the password
1234
Nuts&Bolts. Then I'll record Nuts&Bolts as the 'site specific' password inGlobal Key
. - For the account at example.acct2.com I'll register with the password
- For the account at example.acct1.com I'll register with the password