Using a password manager in Calgary is one of the most effective first steps in building digital trust for your local business. In today’s fast-paced world, juggling numerous online accounts is a reality for every business owner. As a Calgary-based company focused on serving your clients, building and maintaining that trust is paramount. Strong password management is not just about protecting your own data; it’s a fundamental step in protecting your customers’ information and reinforcing their confidence in you.

As authentication technology evolves, passkeys are also becoming an important option for Calgary businesses looking to reduce their dependence on traditional passwords. Passkeys can provide passwordless, phishing-resistant authentication on platforms that support them.

For many businesses, the strongest practical approach today is not choosing between password managers and passkeys. It is understanding where passkeys can replace passwords and where a secure password manager is still needed.

Why Your Business Can’t Afford Weak Passwords

For small and medium-sized businesses in Canada, the threat of cyberattacks is very real. In fact, in 2021, about one-fifth of Canadian businesses reported being impacted by a cybersecurity incident. These attacks often exploit weak or reused passwords, leading to data breaches that can be costly.

More recent Statistics Canada data found that 16% of Canadian businesses were impacted by cybersecurity incidents in 2023, while total recovery spending doubled compared with 2021. This reinforces the importance of treating account security as an ongoing business priority.

This is where implementing a secure password manager becomes essential for Calgary business password security. A password manager acts as a digital vault for your online credentials. It securely stores all your passwords in one encrypted location, allowing you to use strong, unique passwords for every account without the impossible task of memorizing them all. This significantly reduces the risk associated with password reuse and demonstrates to your clients that you prioritize digital security.

But password managers are no longer the only option. Passkeys for Calgary businesses provide another way to protect supported business accounts by replacing the traditional password with cryptographic authentication.

What Are Passkeys and How Do They Work for Businesses?

A passkey is a digital credential that can replace a traditional password on websites, applications and platforms that support passkey authentication.

Instead of typing a password, users generally authenticate through a trusted device using methods such as a fingerprint, facial recognition, device PIN or security key.

Passkeys use public-key cryptography. The service holds a public key, while the corresponding private credential remains protected by the user’s device or passkey provider. This means the business does not need to send a reusable password to the service every time someone signs in.

The FIDO Alliance describes passkeys as a replacement for passwords designed to provide phishing-resistant sign-ins.

Why Does This Matter for a Calgary Business?

Consider how many important digital accounts a typical business may depend on:

  • Business email
  • Website administration
  • Google Business Profile
  • Google Ads
  • Google Analytics
  • Google Search Console
  • Social media
  • Cloud storage
  • Accounting platforms
  • CRM systems
  • Project-management software

If one reused password is compromised, several business systems could potentially be exposed.

Passkeys address this problem differently because the authentication credential is unique to the service for which it was created.

Passkeys vs. Passwords for Calgary Businesses

FeatureTraditional PasswordPasskey
Requires memorizationUsuallyNo
Can be reusedYesNo
Can be entered into a phishing siteYesDesigned to resist phishing
Uses public-key cryptographyNoYes
Can use device biometrics/PINSometimes as an additional factorYes
Unique credential for each serviceDepends on user behaviourYes
Credential stuffing riskPossibleReduces reliance on reusable credentials

Passkeys can therefore help address several weaknesses associated with passwords, particularly password reuse and credential phishing.

However, this does not mean Calgary businesses should immediately abandon password managers.

Not every business platform supports passkeys yet.

Do Calgary Businesses Still Need a Password Manager if They Use Passkeys?

For many businesses, yes.

Passkeys and password managers can currently work together as part of a broader account-security strategy.

Where passkeys are supported, a business may choose to use them instead of a traditional password. Where they are not supported, a password manager can continue generating and securely storing unique credentials.

A practical approach can therefore be:

Passkeys where supported → unique passwords stored in a trusted password manager where necessary → multi-factor authentication where appropriate.

Modern credential managers can also support the storage and synchronization of passkeys, further reducing the distinction between password management and passkey management.

Top Password Managers for Canadian Businesses

When choosing a password manager, Calgary businesses have several excellent options available. Here’s a look at some of the top contenders:

  • Bitwarden: A standout for its robust security and open-source nature, Bitwarden offers a free version with unlimited password storage. While a vulnerability related to the auto-fill feature was identified in the past, Bitwarden has since implemented fixes to address this issue.
  • 1Password: Known for its sleek interface, 1Password is a premium option providing excellent security. It was peripherally affected by a security incident at its provider, Okta, in October 2023, but this incident did not compromise 1Password user data.
  • LastPass: A popular choice with a functional free tier. However, LastPass experienced a significant security breach in 2022 where encrypted customer vault data was stolen. This has raised security concerns for many users.

A Quick Comparison

FeatureBitwarden1PasswordLastPass
Free VersionYes, with unlimited passwordsNo, free trial availableYes, with limitations
Open SourceYesNoNo
PricingFree and affordable premium plansPremium plans for individuals, families, and businessesFree, premium, and family plans
Recent SecurityAddressed an auto-fill vulnerabilityNo direct breach, but was affected by a third-party incidentSuffered a significant data breach in 2022

Which Business Accounts Should You Protect First?

When introducing stronger authentication or passkeys into a Calgary business, start with accounts that could have the greatest operational impact if compromised.

Business Email

Business email should be a priority because other accounts frequently rely on email for password resets and recovery.

Website Administration

Protect administrator accounts for WordPress or other content-management systems using the strongest authentication options available.

Website account security should also be supported by secure hosting, updates, backups and appropriate user permissions.

WebNeuro’s website audit guide provides additional steps businesses can use to review their websites.

Google Business Profile

Your Google Business Profile is an important digital business asset. Avoid sharing a personal Gmail password when another employee or agency needs access.

Read WebNeuro’s guide on how to add WebNeuro to your Google Business Profile while retaining control of your account.

Facebook and Instagram

The same principle applies to social media.

Instead of sharing a personal Facebook password with employees, contractors or an agency, use Meta’s business access and permissions.

Read: The Safe Way to Grant Facebook & Instagram Access Without Sharing Passwords.

Cloud and Business Platforms

Review access to CRM systems, cloud storage, accounting software, advertising platforms and other systems that contain important business information.

Best Practices for Secure Password Management

Simply choosing a password manager isn’t enough. To maximize your security, follow these best practices:

  1. Create a Strong Master Password: This is the single most important password to protect. Make it long, complex, and unique.
  2. Enable Two-Factor Authentication (2FA): This adds a crucial second layer of security to your password vault.
  3. Keep Your Software Updated: Regularly update your password manager to ensure you have the latest security patches.
  4. Be Wary of Phishing: Be cautious of unsolicited requests for your login credentials.

By implementing a trusted password manager, you are taking a significant step towards securing your digital world. This not only protects your business from cyberattacks but also sends a clear message to your Calgary clients that their trust in you is well-placed.

Best Practices When Introducing Passkeys to Your Business

Adding passkeys does not mean that the rest of your security practices can be ignored.

1. Start With Critical Accounts

Identify the systems that control important business functions, including email, website administration, advertising, cloud storage and business communications.

2. Enable Passkeys Where Supported

Check the security settings of important platforms to determine whether passkey authentication is available and appropriate for your organization.

3. Keep Strong Passwords Where Passkeys Aren’t Available

Continue using strong, unique passwords stored in a trusted password manager for accounts that do not yet support passkeys.

4. Review Employee Access

Employees, contractors and agencies should receive the access they need rather than shared master credentials whenever a platform supports individual permissions.

For digital marketing accounts, see WebNeuro’s guides for Google Business Profile access and Facebook and Instagram access.

5. Create an Account-Recovery Plan

Understand what happens if an employee loses a device, replaces a phone, leaves the organization or loses access to a passkey.

Recovery should be planned before an important business account becomes inaccessible.

6. Keep Devices Updated and Protected

Passkeys improve authentication, but businesses should still keep operating systems, browsers, applications, WordPress installations and other software updated.

Passkeys, Website Security and Digital Trust

Passkeys should be viewed as one part of a broader digital-security strategy.

A business should also consider:

  • Secure website hosting
  • SSL encryption
  • Website backups
  • Software and plugin updates
  • Appropriate administrator permissions
  • Secure third-party integrations
  • Privacy practices
  • Account monitoring
  • Employee access procedures

WebNeuro helps businesses build and manage their digital presence through website development, SEO, GEO and digital marketing services.

Do Passkeys Help SEO?

Not directly.

Using passkeys does not automatically increase Google rankings, and businesses should be cautious of any claim that implementing passkeys by itself improves SEO.

The connection is broader.

Protecting administrator accounts can reduce the risk of unauthorized website changes. Maintaining a secure, reliable and professionally managed website helps protect the digital presence that your SEO and marketing efforts depend on.

For businesses focusing on both traditional search and AI-powered discovery, learn more about WebNeuro’s Generative Engine Optimization (GEO) services.

Frequently Asked Questions About Passkeys for Calgary Businesses

What Are Passkeys for Businesses?

Passkeys are digital authentication credentials that can replace traditional passwords on supported services. They use public-key cryptography and allow users to authenticate through an approved device or credential provider.

Are Passkeys Safer Than Passwords?

Passkeys are designed to address several common password risks, including phishing and credential reuse. Because a passkey is associated with the service for which it was created, users do not have a reusable password that can simply be entered into an imitation login page.

Should Calgary Businesses Switch From Passwords to Passkeys?

Businesses can consider enabling passkeys on supported platforms while continuing to use strong, unique passwords for systems that still require them. Adoption does not have to happen all at once.

Do Passkeys Replace Password Managers?

Not necessarily. Many businesses still use platforms requiring passwords, while modern credential managers may also store passkeys. Password managers and passkeys can therefore coexist.

Can Small Businesses Use Passkeys?

Yes. Passkeys are not restricted to enterprise organizations. A small business can use passkeys wherever its platforms, devices and account policies support them.

Can Passkeys Protect Against Phishing?

Passkeys are designed to be phishing-resistant because authentication is cryptographically associated with the legitimate service rather than relying on a reusable password that a user can type into a fraudulent website.

What Happens if an Employee Loses a Device Containing a Passkey?

Recovery depends on the passkey provider, service and whether the credential is synchronized or device-bound. Businesses should review recovery procedures before enabling passkeys for critical accounts.

Should Employees Share Passwords for Business Accounts?

Where a platform provides individual users, roles or business permissions, granting appropriate access is generally preferable to sharing a single password. This also makes it easier to remove access when an employee or contractor no longer needs it.

Strengthen Your Business’s Digital Foundation

Secure account access is only one part of maintaining a professional digital presence.

WebNeuro Inc. works with businesses in Calgary and across Canada on website development, ongoing website management, SEO, GEO and digital marketing.

If you’re reviewing your website’s security, performance, search visibility or overall digital setup, WebNeuro can help identify opportunities for improvement.

Ready to Review Your Digital Presence?

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