Reported incidents of large scale hacks and data leaks are happening more every single year. With everyone handing over all their data and information to big tech companies, it’s becoming extremely profitable to possess such data about the general masses. Knowledge about the masses is priceless to the right person/corporation, so hackers are always very strongly financially motivated to attempt to hack big tech firms like Facebook who collect tons of data about all their users. To top off the “great” news, advertisers are the least of concerns. Data can be sold to governments for surveillance reasons, it can even be auctioned off on the “dark web” (the unregulated part of the internet) to the highest bidder, and the intentions of said bidder most likely aren’t very kind.
According to Google in partnership with the Harris Poll, 66% of people reuse one single password for several of their accounts. Knowing that alarming data, and knowing that companies have data leaks all the time, it’s quite obvious why reusing the same passwords could be very dangerous.
The simple solution, use a password manager. The better solution, use a self-sovereign password manager. Popular password managers like “1Password” & “LastPass” are infamous for being extremely convenient, and utilizing the power of the cloud. The problem with the “cloud” is, ultimately everyone’s passwords are in the hands of capitalists, and their intentions may not be in their customer’s favor.
FrostByte, a Delaware based software company is creating a solution to this very problem. A fully self-sovereign password manager that doesn’t save any data in any cloud or server-room. For professionals that work online, a self-sovereign password manager, is an absolute necessity.
Influencers or content creators, who’s well beings are quite literally tied to their internet accounts, are putting themselves in harm's way without having a self-sovereign password manager. The financial motivation coupled with the fact most people have put cybersecurity on the side burner, and reuse the same password several times, and the end result is that one single data leak could completely ruin a digital footprint. FrostByte has a solution for all of these concerns, and it all works with the power of encryption.