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The Importance of Password Managers

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Despite almost daily warnings on the risk posed by organised and sophisticated cyber attacks, many SMEs are still not taking even basic precautions to counter the threat.

A recent survey of more than 600 employees and managers found just 38% have increased their use of password managers recently, slightly less at 37% had upped their time spent on cyber security training, and only 36% had adopted new security policies. 

A lack of take up of password managers and security training among SMEs is worrying when the risks of a breach have increased significantly with the rising number of UK-based employees based at from home for at least part of their working week.

Password managers are ideal for SMEs that don’t have a full-time, dedicated IT person or security team. There are several reputable options on the market and they tick a lot of boxes in terms of affordability, resilience and offering a great first line of defence.

If you would like to find out how you can best protect your business from cyber threats and scammers, please contact our team at [email protected]

The NEBRC is a not for profit police led company trusted to help SME’s and sole traders identify risk and suggest solutions.