5 Worst places to store passwords: Cybersecurity best practices 2023 (2024)

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5 Worst places to store passwords: Cybersecurity best practices 2023

The average person has roughly 100 user accounts, and when you consider that each of these accounts requires a unique username and password, it quickly becomes a hassle to keep track of login credentials. For expediency’s sake, users will often note them down in easily accessible places, but doing this is like leaving your keys in the door. If your passwords are easy to find, you completely undermine the security of your accounts.

That’s why it’s important that you know where not to store passwords, so you can avoid security breaches.

Where should you never store passwords?

The general rule of thumb is never to store your passwords anywhere in plain view, especially if that place can be accessed by others. The top five worst places to store passwords include:

1. Sticky notes

Many users write down their passwords on a sticky note. It’s convenient and easy to access, but it’s also unsafe, especially if the note is stuck to your computer monitor or desk. The passwords intended to protect your accounts are now easily visible to anyone who enters the workplace, whether they’re a coworker or an outsider who manages to sneak past security.

2. Notebook or journal

Similar to using sticky notes, jotting your passwords down in a personal journal or notebook is not a good idea. While it’s easy to hide or conceal a notebook, there’s no guarantee that someone won’t stumble upon it. There’s a chance that someone could steal the notebook from your drawers in the middle of a hectic day or swipe it in a coffee shop. When the wrong person gets their hands on your notebook, there’s nothing preventing them from reading through it and learning your passwords.

3. Unencrypted files

Storing passwords in unencrypted files, such as documents, spreadsheets, or note-keeping apps, is almost as bad as writing them down on a sticky note. If the device that contains the file is not encrypted, cybercriminals can access your passwords without much effort. They can use malware designed to target files in specific applications or platforms, and once they find the unencrypted file, they will have full access to your credentials.

However, it doesn’t even require an overly technical cyberattack to steal passwords from your device. If your device is lost or stolen, the thief could access your passwords without any extra effort.

4. Email or messaging apps

A practice that’s less frequent today, but still equally dangerous, is sending passwords to yourself via email or messaging apps. Even though you’re technically the only recipient of the email or chat message, there’s a chance that these could be intercepted by cybercriminals when they’re sent over the internet. This practice could also be risky if you accidentally send the passwords to an unintended recipient or someone maliciously accesses your inbox.

5. Browser

Many web browsers such as Chrome, Firefox, and Safari have a feature that allows users to store passwords for quick and easy access. Although these browsers have extra precautions in place to keep saved passwords secure, it’s still not the safest option for storing your login credentials. If someone accesses your browser, they can use the autofill feature to log in to your accounts without any elaborate hacking.

Where should you store passwords?

The safest and easiest place to store your passwords is in a password manager such as Dashlane or 1Password. A password manager is an application that stores all your passwords in an encrypted database, which can only be unlocked with a single master password. Since you only have to remember one password, you don’t have to worry about creating multiple complex passwords. Password managers will even warn you if you’re using weak or reused passwords, so you can update them with more secure versions. In fact, most password managers can generate strong and unique passwords so users don’t fall into the trap of setting the same password across multiple accounts.

There are two main storage methods that password managers use: cloud and local storage. With cloud storage, password managers encrypt and store passwords on a remote server that’s managed by the provider. This allows you to save your passwords and access your account from any web browser, as long as you have the master password. Meanwhile, local storage involves storing passwords in an encrypted database file on the user’s device. This file is typically stored in company devices or servers, which can be further protected with security protocols such as firewalls and intrusion prevention systems.

Cloud storage can be more convenient because it syncs passwords across different devices, making it easy to securely access your accounts. On the other hand, local storage provides more control since the passwords are stored on the device itself and not in a remote server where you don’t know what security measures are in place. Regardless of the choice between cloud or local password managers, your digital security will benefit from avoiding the previously described insecure methods.

How to better protect your accounts

Implementing a password manager won’t immediately make your accounts invincible; it’s how you use the tool in conjunction with other security protocols that will really make a difference. Here are some tips for better protecting your accounts:

  • Always set strong and unique passwords – Both your master password and individual passwords need to be lengthy, complex, and not reused across multiple accounts. Avoid using easily guessable information, such as birth dates or common words. For master passwords, it’s better to have longer passphrases that you can remember but are difficult for others to guess. As for your individual passwords, you should use your random password generator whenever possible.
  • Update your passwords – Change the passwords of your most critical accounts every three to six months. This will prevent hackers from reusing old passwords that may have been compromised in a previous data breach.
  • Activate multifactor authentication (MFA) – MFA uses a combination of authentication methods to verify your identity and prevent unauthorized access. This could involve an extra verification step such as entering a temporary passcode generated by an authenticator app, connecting a USB security key, or scanning your fingerprint. When combined with strong password practices, MFA can exponentially increase the security of your accounts.
  • Develop good security habits – A strong password won’t mean much if you’re careless with online safety. Adopt a critical mindset when you’re browsing the web, and always think twice before clicking on suspicious links or downloading unknown files. These will help you avoid online scams and cyberattacks designed to steal your sensitive information.
  • Implement conditional access policiesConditional access policies allow you to secure the access points of your accounts with additional layers of security. This can include restricting logins to specific devices, requiring a second form of authentication, or blocking access from certain geographic locations.

Passwords are the keys to our digital lives, so it makes sense to use a password manager and take the necessary steps to secure them. At Dynamic Solutions Group, our team can guide you in implementing password managers such as 1Password and help ensure that your company adheres to password best practices. Call us today to protect your accounts and keep your data safe. ​​

Tech TeamMay 26th, 2023|Security News|

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5 Worst places to store passwords: Cybersecurity best practices 2023 (2024)

FAQs

Where should you not store passwords? ›

Unencrypted files

Storing passwords in unencrypted files, such as documents, spreadsheets, or note-keeping apps, is almost as bad as writing them down on a sticky note.

What is the best security practice for storing passwords? ›

Hashing and encryption can keep sensitive data safe, but in almost all circ*mstances, passwords should be hashed, NOT encrypted. Because hashing is a one-way function (i.e., it is impossible to "decrypt" a hash and obtain the original plaintext value), it is the most appropriate approach for password validation.

Where is the best place to save passwords? ›

Keep Your Passwords Safe Online

No system is completely guaranteed to keep passwords safe, but an online or offline password keeper can help. If you prefer convenience over security, a password manager is a secure way to store passwords online.

Is Google Drive a safe place to store passwords? ›

Is Google Drive safe to store passwords? Google does not recommend users store passwords within Google Drive. Instead, users should use a reputable password manager to securely store passwords.

Which of the following is the best place to store your password? ›

Use a password manager app: One of the most effective ways to store your banking passwords securely is by using a reputable password manager. You can download these apps on your smartphone or computer. They offer encrypted storage for your passwords, ensuring they are protected from unauthorised access.

Is it best to store passwords on paper? ›

The short answer to the first question is … yes, pen and paper can be a secure way to manage your passwords. But that doesn't mean it's the best way to protect your accounts and stay safe online.

What is the smartest and safest way to store your passwords? ›

Use a Password Manager

For most people, remembering long, random and unique passwords for every account is not possible. Rather than write them down, use a password manager! A password manager is an easy-to-use program that generates, stores and even types in all your passwords for you.

What are four 4 best practices for passwords? ›

Password Best Practices
  • Never reveal your passwords to others. ...
  • Use different passwords for different accounts. ...
  • Use multi-factor authentication (MFA). ...
  • Length trumps complexity. ...
  • Make passwords that are hard to guess but easy to remember.
  • Complexity still counts. ...
  • Use a password manager.

What is the most common method hackers use to steal passwords? ›

Phishing

Over 70% of all cybercrimes begin with a phishing or spear-phishing attack. Hackers love to use phishing techniques to steal user credentials, either for their own use, or more commonly to sell to criminals on the dark net.

What is the most secure algorithm for storing passwords? ›

Recommended encryption algorithms
  • SHA-2. SHA-2 is a family of hash functions widely employed for password encryption and other security applications due to their high level of security. ...
  • Bcrypt. ...
  • PBKDF2. ...
  • Argon2.
Apr 24, 2023

Where should I record my passwords? ›

KeePassXC works like Enpass above. It stores your passwords in an encrypted digital vault that keeps you secure with a master password, a key file, or both. You sync that database file yourself using a file-syncing service. Once your file is in the cloud, you can access it on any device that has a KeePassXC client.

Which password managers have been hacked? ›

Let's take a closer look at these breaches and hacks and their consequences.
  • LastPass: the repeated target of cyber attacks. ...
  • Norton LifeLock: credential stuffing attack. ...
  • 1Password: a close call with security. ...
  • Bitwarden users targeted by deceptive Google Ads. ...
  • Passwordstate: a deceptive update attack.
Jan 9, 2024

Is it safe to store passwords in the cloud? ›

Backups. Password managers—especially cloud and browser-based password managers—are the safest way to back up your passwords. Password manager providers back up your passwords over multiple secure data centers spread out across different geographies.

Is it safe to store passwords on hard drive? ›

Non-password-protected devices like external hard drives and flash drives are prone to theft and other physical risks. If these devices contain copies of your passwords, all it takes is for someone to find and pick them up to have access to all your accounts.

What should you not store in Google Drive? ›

Types of Files You Should NOT Store On Google Drive

Family IDs. Estate planning documents like wills or beneficiary designations. Life insurance documents. Account passwords.

Is it safe to keep passwords in Gmail? ›

Your passwords are stored behind Google's built-in security using encryption.

Where is the safest place to keep passwords? ›

The first, a low-tech solution, is to use a safe. Since passwords written on paper are only as secure as the paper itself, placing these backups in your safe is a practical way of adding security to your offline password storage process. The second, a high-tech solution, is using an offline password storage device.

What are the best practices to store passwords? ›

What you should do - What you shouldn't do
  • Make unique and secure passwords. Making strong passwords as random and unexpected as possible makes them less vulnerable to hackers and data breaches. ...
  • Use encryption for password storage. ...
  • Use an encrypted password manager. ...
  • Use 2-factor authentication (2FA)

Where is the best place to store your passwords if you can t remember it? ›

Password manager applications

Best place to store passwords — A reputable password manager app is the best way to store passwords securely. A password manager allows you to easily create, manage, and access your secure passwords.

Is it safe to store your passwords on your computer? ›

The most significant risk is that if someone gains access to your computer or mobile device, they can easily access all your saved passwords. Even worse, if your browser is corrupted, cybercriminals can remotely access your passwords, compromising all your accounts.

Is it safe to keep passwords in notes? ›

However, you will need to turn off backups of the app in Android or iOS to prevent syncing to the server. This method is not as secure as using cloud storage, but it is still a viable option for those who do not trust cloud storage. It's important to note that storing passwords locally comes with its own set of risks.

Is it safe to store passwords in email? ›

Emails are not encrypted and are not a safe way to send a password. If you are hacked, and someone intercepts the email, your password will be compromised.

Is it safe to store passwords in contacts? ›

Storing sensitive data on the contact list is unsafe since many apps seek access to it. Mobile phone notes are also not secure. Besides, with reports of artificial intelligence (AI) being able to crack over 50% passwords in one minute, many are vulnerable to financial frauds and risk losing sensitive data.

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