Dropbox launches new invite-only password manager

Dropbox is a well-known name when it comes to cloud storage, but it looks like they may be looking at moving into the business of storing your passwords too.

The app Dropbox Passwords is currently available to download from the Google Play Store. However the app is currently in ‘Early Access’, essentially a private beta open to users by invite-only.

So you’ll be able to download the app, but you won’t be able to try the app out unless you have received an invite to the beta program.

Why do you need a password manager?

If you are currently using a password manager, you definitely should be. In fact, downloading a good password manager should be the very next thing you do after you’re done reading this article.

Password managers basically just save all our passwords in one very secure place.

However most also generate secure passwords for you and since Android Oreo Android password managers have been able to use the autofill feature to log you into your various accounts automatically. Most people avoid password managers.

On the face of it, putting all your passwords in one place seems like the least safe thing you can do. I mean this basically means that anyone who gets into your password manager has access to all your online accounts.

The problem is though that your online accounts probably aren’t all that safe anyway.

Password security concerns

From a security standpoint, our ability to remember strong passwords means that you’re probably re-using passwords, not using particularly strong passwords and using the same passwords for long periods.

As a result, there’s a good chance that if one of your passwords is compromised, your other online accounts could be in danger too.

Password managers allow you to have unique, strong passwords for all of your online accounts. This reduces the chances of anyone of your online accounts being compromised.

Some tools also let you run security checks which will prompt you to change older passwords or passwords for sites that may have had security breaches.

The Dropbox Password app doesn’t have many details at the moment about what they’ll be offering users. At the very least though it’s a good sign that a big online player like Dropbox is entering into the password manager space.

More users will likely be willing to take a look at password managers, and their benefits should more of these well known online brands start operating in the space.

Also read – Here’s how to prevent people and apps from stealing your data