Password Storage Software

by Safe Password Management on May 17, 2012

Password storage software helps a user organize passwords and PIN codes. The password storage software typically has a local or cloud based database/file that holds the encrypted password data for secure logon onto computers, networks and web sites. Many password storage software applications also work as a form filler, thus they fill the user and password data automatically into forms.

Password storage software can be built using a browser extension, smart card application or USB stick application that communicates to the browser. Additionally, various products will store/retrieve passwords differently as follows:

1) Desktop password storage software runs as you might guess on your desktop or laptop hard-drive. An example of this type of product is Roboform password manager and form filler.

2) Portable password storage software might be designed to run on a mobile device, such as a PDA, smart phone as a portable application.

3) Token based password storage software typically involves a security token with multi-factor authentication which requires a smart card or USB stick with your PIN or password and a bio-metrics reader (could be finger print or retina or voice detection).

4) Web based password storage software where passwords are stored on a provider’s website. Some examples of internet based password storage software systems include: A) Mitto, a safe and secure online password manager. It’s a free Internet password storage service lets you add the passwords to all of your favorite sites in one place then logs you in to each one of them by simply clicking a button; B: LastPass offers a broad base of password storage management features for free that can be expanded when upgrading to the premium version. There are many others available.

In addition to pure convenience, password storage software can be used to combat phishing. Most new password storage software is designed to handle complex passwords, multi-page fill-ins, and multi-factor authentication prior to usage which can protect against keyloggers or keystroke logging malware. When using a multifactor authentication password manager that automatically form fills, the user does not have to type any user names or passwords for the keylogger to pick up.

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