We know how important it is to use hard-to-guess passwords and never share them with others to keep our bank, email and other online accounts secure. Experts recommend passwords that are at least eight characters and include a mix of upper and lower case letters, numbers and special characters. How do you remember your different passwords for all your different accounts? A password manager might be the solution.

A password manager is an app on your computer, phone or tablet that acts like a locked vault to securely store your passwords, user names and online account website URLs using encryption, a process that converts your information into a secret code.

The only way to unlock the vault and retrieve your information is to enter a master password. That means you have to remember just one password! Simply log in to the password manager, click on one of your stored accounts and you’ll be automatically redirected and logged in.

Free password manager apps usually can be installed on just one device, while premium versions that charge a fee can be installed on multiple devices and your information synced. Search online to find a highly-rated password manager you like best and give it a try to keep your online accounts secure and reduce the risk of fraud.