Passwords are still a predominant form of authentication, with a large percentage of organizations relying on them as their primary method. 

In a study commissioned by Forbes Advisor, 46% of Americans said their password was stolen in 2024. https://www.forbes.com/advisor/business/software/american-password-habits/

Coming up with a strong, unique password for each account can be challenging resulting in users choosing easy to guess passwords which they use for multiple accounts.

Almost all of our personal and financial business is now conducted online including banking, online bill pay, retirement account management and shopping. Cybersecurity threats are a constant concern, but having a strong password remains one of your best defenses.

Random password generators are programs that create a strong password for you. The password will consist of a string of random characters that can include letters, numbers, and special characters.

Using the same or a very similar password for multiple accounts is extremely dangerous, if a criminal is able to crack the password on your email account for instance, they can try the same password for your bank account and other critical accounts which can lead to identity and financial theft. When you use a unique password for each account if there is a data breach affecting one of your accounts, the damage is contained, preventing unauthorized access to your other accounts. A password generator makes it easier for you to create a unique password for every account.

Most password generators allow you to customize a password according to your preferences. There are numerous password generator tools available ranging from standalone websites to password managers that include a built-in password generator. Choose a well-recognized and reputable generator to ensure reliability and security.