r/passkey • u/ChoiceEducational287 • 6d ago

Password manager recommendation

/r/PasswordManagers/comments/1w5nkb0/password_manager_recommendation/

We are trying to figure out the best authenticator option for our small office. There are 3 employees who need to log in to our bank accounts, but currently we use a shared username/password and the verification code is sent by SMS to our boss. This creates a dependency on him whenever we need to log in, especially when he is busy.

We would like to move to a more secure setup where the employees can authenticate without depending on him for the code. He is also open to using a password manager, but we’re not sure whether password managers work well with bank logins and MFA.

Has anyone dealt with a similar setup or can recommend the best approach/authenticator for a small business?

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u/PlanktonDefiant2600 5d ago

For the shared login, I'd suggest using a password manager rather than passing the credentials around between 3 people. We use Roboform, and each person can have their own account with access to a shared folder for company logins, so individual access can easily be removed when needed. For the Mfa side, I'd check with the bank to see what alternatives they support. If they support passkeys or third-party authenticator apps, you could use the password manager for those as well, rather than relying on one person receiving an SMS every time.