Picking a weak password is like closing your car door and not locking it.  This mistake puts your financial and personal information at risk.  Password management is one of the most effective ways to keep track of even the most complex passwords.  Password manager software strengthens the effectiveness of your online passwords by remembering and encrypting them.  The use of a password manager is absolutely imperative in order to protect your sensitive information online.  After all, the No. 1 security mistake among internet users is a weak password.  Another common mistake is using the same password across different platforms and never updating it.

The best passwords are those that are long and unpredictable.  They also include numbers and symbols for increases security protection.  Having said that, it almost impossible to remember all of your various passwords and that is why a password manager is so important.  Password management software can also create effective passwords that are unique, complex and virtually hack-proof.   With the help of a good password manager, the only password you will need to remember is for the software itself.

DashLane is an industry and personal favorite.  However, here are some helpful tips on choosing the right password management software:

• Choose software that has strong encryption.
• Check for a lockout feature, which is helpful in case you forget your password.
• Should something go wrong, it is important that you understand how the vendor will help you and the measures that you will need to take.
• Check to see if the software offers identity theft protection and whether or not it takes other measures to protect against other malicious behavior.
• Be comfortable using the software. How easy is it for you to use?
• Compare the cost with the features and benefits.

Remember, whichever password management software you choose, you should avoid accessing it on public networks, because your data can still be captured at any time.  For further information, here is a link to an article rating The Best Password Managers for 2015.

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