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A data breach can cripple your business within minutes. This is why protecting your passwords and personal information online is essential. A password manager can help provide security for your business, customers, and employees. 

Simply put, a password manager allows users to generate complex passwords for their online accounts and securely store them for later use. In other words, you no longer have to write down or remember your complicated, strong passwords. The password manager does the remembering for you. 

Most password manager apps are zero-knowledge platforms, which means that your privacy is guaranteed by encryption and can only be accessed by you. The password manager functions as a password vault, storing your password and biometric information on an encrypted device, usually the same type used by the U.S. military and government for the utmost security. 

Almost all password managers use two-factor authentication to guarantee password security, requiring users to input two different confirmation methods. For example, typing in your password and inputting a required password code that is sent as a text to one of your devices.

We have listed the six best password managers of 2023 below.



Learn MoreOn Dashlane’s Website
Best for security features

We have chosen Dashlane as the best password manager for its security-centered features, including:

  • Dark web scanning for data leaks
  • Built-in secure virtual private network (VPN)
  • Password generator
  • Password changer
  • U.S. patented security architecture

Dashlane is compatible with Windows, Linux, Android, and Apple devices (including macOS and iOS) and works with various desktop apps and web browsers, including Microsoft Edge, Firefox, Safari, Chrome, and Microsoft Edge. 

Its dashboard is modern and easy to use, plus it allows you to keep close track of all your system’s users and monitor login information. Dashlane is a good option for businesses with many employees who need access to business data. 

Dashlane’s free plan offers the standard form of autofill, two-factor authentication, and the ability to share with up to five accounts. The free plan has a limit of 50 passwords and one device. Still, you cannot go wrong as a freelancer or small business. 

Dashlane’s Premium plan costs $59.99 per year, offering unlimited passwords, unlimited devices, dark web monitoring, and built-in VPN included in extra features, which gives Dashlane an edge over its competitors. 

For an extra cost of $89.99 per year, the Premium Family account includes all of the features in the Premium plan plus accounts for up to five people with private accounts for each. 

For a few extra monthly dollars, you can provide the utmost protection for your business’s online information and reduce the risk of compromise with Dashlane.



Learn MoreOn LastPass’ Website
Best for single-user

Allowing users to obtain high levels of security virtually free of cost, LastPass is rated one of the best password managers on the market in 2022. 

LastPass offers many robust features for free if you are a single user, making it ideal for freelancers or professionals who only need one account. If you need more accounts, you will have to upgrade. 

LastPass is a browser-based password manager with extensions for Chrome, Firefox, Safari, Opera, and Edge, as well as Android and iOS mobile devices. It offers multi-factor authentication, allowing users to access their accounts using their smartphones or fingerprints. 

The free version offers unlimited passwords, multiple-device syncing, one-to-one encrypted password and information sharing, and a unique digital wallet feature that securely stores and automatically fills in credit card information. With these many features, LastPass is an excellent option for a free plan.



Learn MoreOn Keeper’s Website
Best for large-sized businesses

Every password manager attempts to offer services that will be able to scale with larger businesses — but not all can deliver. Keeper, however, has proven to be able to do just that. Providing the best enterprise-level password management and high-level security features, Keeper provides the ultimate scalable experience. 

Even though Keeper does not offer free plans, that is for a good reason. Since they cater to larger businesses, they need more infrastructure than a free plan can provide. You will have to contact them for a personalized quote. 

The Keeper Business tier allows users to receive encrypted vaults and shared folders for each team member and access their accounts from an unlimited number of devices. 

On Keeper’s website, there are more details on pricing plans based on a sliding scale of your business size and the services needed.



Learn MoreOn 1Password’s Website
Best for business teams

With the rise of remote work, the need to securely share documents and information with multiple team members in various locations has skyrocketed. With 1Password, there are no limits to the number of passwords or other vital information you can keep locked in your account vault. 

1Password’s Secrets Automation specializes in business team security, with features that seamlessly handle team logins and protect your entire company’s infrastructure. 

Although 1Password does not offer a free plan, users can enjoy a 14-day free trial with any paid plan. The Business plan starts at $7.99 per user per month. The Team Starter Pack, tailored to smaller business teams for a maximum of 10 users, is $19.99 per month. 

With the Team Starter plan, each user receives 1 GB of storage and five additional guest accounts for data sharing. This tier also includes administrative controls that allow the primary account holder to manage permissions. You will have to upgrade to the Business plan for custom security features. 

For families interested in password management, 1Password’s family plan is hard to beat in terms of price and ease of use. Cloud storage of passwords for up to five family members costs $4.99 monthly, allowing everyone in your family to store complex, new passwords across various apps and browser extensions.

If you want added security measures beyond passwords, 1Password is a great choice.



Learn MoreOn LogMeOnce’s Website
Best for cross-platform support

Best for cross-platform support and access, LogMeOnce allows its users to access their passwords and login credentials on almost any browser, computer, tablet, or mobile device with various authentication methods such as photo, fingerprint, or PIN. 

There are different password manager product options for personal use, businesses, and enterprises, all with tiered pricing plans. Free options include unlimited passwords, unlimited autofill, unlimited devices, saving up to three credit cards, five secure password sharing, two-factor authentication, and a password generator. 

Ensuring that their services are highly customizable, LogMeOnce boasts a feature-rich platform with over 57 features, which easily sets them apart from their competition.



Learn MoreOn Bitwarden’s Website
Best for multiple-device password management

Bitwarden is our top choice for users who want password management across multiple devices. As an open-source password manager, Bitwarden has an impressive variety of features in its free plan, which provides an advantage against its competitors.

With its free tier, Bitwarden offers security features such as salted hashing (a technique used to protect passwords in a database), end-to-end bit encryption, and multiple-device password management. 

Bitwarden extensions are compatible with Chrome, Opera, Firefox, Edge, and Safari, offering online security and an accessible user interface among the best free password managers.

At just $10 per year, Bitwarden’s Premium plan includes 1 GB of encrypted file storage, additional authentication options, a password generator, and advanced support. If you upgrade to the Family Sharing plan, it costs $40 per year, and you can add up to six users with unlimited sharing and 1 GB of personal data storage. As an open-source platform, Bitwarden’s code is available to the public for free to inspect, test, and possibly fix to make it one of the most resilient password managers possible. Although open-sourced, it is still considered highly reliable.

Are password managers safe to use?

Since most password managers use encryption to secure their users’ passwords and data, this makes them a safer option than leaving your business’s credentials open to being hacked or compromised. 

With encryption, password managers cannot keep a list of your passwords. To put it simply, password managers allow users to store passwords and other sensitive data for various mobile apps and software platforms under one master password. This move allows a single sign-on to access your saved passwords and login into numerous accounts. This alleviates the need to remember your complicated passwords or write them down.

The bottom line.

Leaving your passwords and company data open to hackers is a risk not everyone is willing to take. Weak passwords, neglecting cybersecurity, and hacking vulnerabilities can easily bring your business to a halt within seconds. 

Investing in a good password manager and authentication app can help ensure your data cannot be breached. It makes company passwords much safer and more secure across your team. To learn more about building and securing your business, check out the rest of our website.

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