Description: Password management refers to the process of creating, storing, and securely managing passwords. This process is fundamental for protecting personal and financial information, especially in the context of online services. Passwords serve as the first line of defense against unauthorized access to accounts and sensitive data. Proper management involves not only creating strong and unique passwords but also storing them in secure places, such as password managers, and implementing practices like two-factor authentication. Password security is crucial, as a weak or poorly managed password can lead to fraud, identity theft, and financial losses. Therefore, password management has become an essential aspect of cybersecurity, especially in a world where online transactions are increasingly common and necessary.
