Background
A secure password policy requires the use of random, complex and long passwords that are unique to each website/account you own. With the proliferation of online accounts, it is impossible to maintain such complexity without the use of password management tools like 1Password.
This article assumes you have been provided with a 1Password Business license by your organization (ie. not a 1Password personal account you purchased with your own credit card). It further assumes the 1Password application has been installed on your computer, that you have logged into that application, and that you have the 1Password Browser Extensions and 1Password Helper Tool (menu icon) installed.
What is 1Password
Think of 1Password as a master key that unlocks access to all your passwords and other sensitive data. 1Password can also store Multi-Factor Authentication codes (aka: 2FA, 2SV, or MFA codes) within each password record and, more compelling, it can auto-populate that MFA code when you login to a site. And 1Password can store much more than website credentials, like various forms of ID, notes, attachments, credit cards and bank data. Access to the system requires a user id and password, a secret key, and a 2FA code, which greatly enhances the security and privacy of your information. The data is encrypted in such a way that only you can unlock the vault. If you lose your secret key and/or your password, only your organization's administrator can reset the secret key (1Password's developer has no access to your data).
1Password App + Browser Extensions
The 1Password app contains vaults that store all your passwords. Your 1Password account will have two vaults by default: A "personal" vault that only you have access to, and a "shared" vault that contains password entries shared across the entire organization. You organization may also have assigned you additional department- or project-specific vaults.
You can use 1Password to create and store more than website login credentials. The video below provides a comprehensive overview of the tool.
The app shines in conjunction with the browser extension, which allow your browser (Chrome, Firefox, Safari) to pull data from your 1Password vault and populate the login pages of the different sites you visit. The short video below illustrates this process.
Additional Resources
Create and edit items in 1Password: Mac | PC
Make your passwords stronger: Mac | PC
10 things you can store in 1Password
How to import password info from Chrome to 1Password
Smart Sourced IT recommends 1Password to all our clients, and we use it in our own business. Whereas the written content in this article is our own, all videos in this article are courtesy of AgileBits, the developer of 1Password.
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