Tinytippr: In this post, we talk about how is a third party password managers are different from the inbuilt Password managers in the browsers like Google Chrome Smart Manager, Opera’s Smart Manager etc.
I always had this question in my mind so I finally went ahead and tried LastPass, a very popular third party password manager.
At this point, I was pretty happy with the features the inbuilt password manager of my browser, the Google Chrome, offered.
Just wanted to make this clear that Pretty much every browser has an inbuilt password manager and they work the same way, that is, remember the passwords for you and let you log into any account automatically without having to worry about remembering the passwords on your own.
Let’s take a look how these third party password managers are different
Inbuilt browsers are, well, limited to a specific browser only, if you talk about another browser, you either need to save passwords in other browser’s password manager or important from your current browser. In both the cases, you need to do stuff twice because you still can’t keep them synced.
Third party password manager can be installed to any browser in the form of an add-on or extension and keep your stuff synced across all browsers.
Not just cross browser, these third party password manager apps are cross platform also, they are available for both MacOS as well as Windows.
Talking about platforms, it is also available for iOS as well as Android, making it truly cross platform solution for managing your passwords.
Give Access to Others
One nice feature of these third party password managers is the ability to give access to a set of accounts a team member without sharing the actual password.
This is particularly helpful if you have a Virtual Assistant or a team member handling Social Media for your company, or you just want to give access to a particular set of accounts to a family or a friend.
Better Organization of Accounts
Modifying saved accounts and passwords in the browser’s password system is a bit tricky, the third party password managers showcase the accounts and passwords in a nicely organized manner.
The accounts ever even categorized based on their types, such as Social, Shopping, Finance etc.
More than just a Password Manager
Apart from saving passwords, you can also use it for saving sensitive data such as Credit Card Details, Bank Information, Passport Details Insurance Policy, Database Credentials, Notes etc.
It’s basically the Evernote for your sensitive data. Even though you can use Evernote for this purpose, I think having all the private information at one place is a minimalistic approach.
Final Thoughts: While it may offer a lot of features with an extra layer of security, my only reason to use a third party PAssword Manager would be its availability on every platform and the ability to give an account access to a team member without even sharing the actual password.
For someone who uses three different browsers on a Mac and Windows and also does a great deal of work on his phone, a third party password manager only makes life easier.