Why you need a password manager now

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Suppose you already know that 81 percent of data breaches can be traced back to weak or reused
passwords, or mistakes made when hardcoding secrets.
You know that the cost of a data breach rose 10 percent in 2021, to $4.24 million. And you know that your
employees are juggling too many accounts to safely and securely keep track of themselves. Yet adopting a
password manager isn’t on your list of top priorities when it comes to your cybersecurity strategy. However,
the longer you wait, the harder it will be to undo the damage wrought by bad organizational security habits.
This guide will help you understand the risks your organization faces, and why implementing a password
manager such as 1Password should be a top initiative.


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