November 15th, 2016 – PasswordWrenchTM today announced the launch of its patent-pending password management solution which protects individuals’ and corporations confidential information, reducing online identity theft. PasswordWrench offers a unique secure password manager system that helps users create and recall complex passwords, making it nearly impossible for criminals to hack information.
Currently, over 15 million people in the U.S. have their identities stolen each year and with recent hacks into Yahoo!, Dropbox, LinkedIn and other major databases, this number continues to grow, leaving over 100 million people’s information vulnerable. Globally, Kaspersky Labs has estimated that over 1.8 billion accounts have been compromised.
“Hackers accessed personal information from at least half a billion Yahoo! accounts, and users had to change their passwords immediately. Increased identity and database hacks have left corporations and individuals more vulnerable than ever,” says Patrick Tardif, founder of PasswordWrench. “We are all susceptible to threats—anything from a hacker uncovering a user’s passwords at a coffee-shop, to stealing their on-line identity, to hacking corporate sites’ confidential information. PasswordWrench mitigates that risk and keeps digital data safer than any other system available.”
Typical password management solutions store passwords in the cloud and when systems are penetrated, hackers can gain access to sensitive information, including client email addresses, password reminders and encrypted versions of master passwords.
PasswordWrench is different from other password managers as it never stores users’ managed passwords; therefore, passwords are not vulnerable to hackers. PasswordWrench believes the best way to keep passwords truly secure is not to share them with ANY third party, including a password manager system. PasswordWrench digitally generates a password card with random letters, symbols and numbers. Users are then guided to recall these complex passwords without PasswordWrench storing the actual passwords online. This unique program is the safest way to manage passwords without having to remember strings of random characters or upload passwords to third-party websites. For additional protection, users can download a physical copy of the password card or easily access their cards online.
The PasswordWrench system protects against:
1) weak password threats
2) keylogger threats
3) hidden camera threats
4) insider threats
5) guesswork/brute-force threats.
Additionally, PasswordWrench employs top security protocols by encrypting all data in its database, across all communication channels, and all data delivered to the end browser and then, PasswordWrench sets everything behind firewalls. PasswordWrench uses top-level encryption technologies including AES 256 bits, RSA, SSL/TLS and more.
PasswordWrench is currently available and offer a free plan to individuals, with a range of packages offered to corporate enterprises at: https://www.passwordwrench.com.
PasswordWrench is an innovative password management solution created to keep online data safe for individuals and business enterprises. The PasswordWrench system offers heightened password protection without the vulnerabilities of common password management systems. The company utilizes top security encryption technologies, which allows users to easily create and remember complex passwords for superior password protection. For more information, visit: www.passwordwrench.com