With the world becoming increasingly digital due to recent circumstances, password managers have become extremely popular. They allow you to manage all your passwords in one place and offer you a ton of additional benefits such as encryption, multi-factor authentication, password generators and more.

Lastpass is a long-standing password manager in the industry that has recently seen competition from new and upcoming password managers. One of the new competitors is the recently released Dropbox password manager. If you’re torn between the two, our definitive guide below should help you make a better choice based on your needs. Let’s get started.

When it comes to storing passwords, security is paramount. No one wants to store their passwords in insecure vaults that can easily be brute-forced. Let’s take a look at the security features that Lastpass and Dropbox password managers offer.

Lastpass is an industry-standard password manager that comes with 256-AES encryption for all stored passwords. This ensures that your stored passwords are highly encrypted when stored in the Lastpass vault. You also get access to the Lastpass authenticator app to add an extra layer of security. Lastpass also supports Multi-Factor Authentication which allows you to securely control access to your password vault. However, Lastpass suffered a security breach in 2015 which severely damaged the company’s reputation. Since then, there have been no more known breaches and Lastpass appears to have beefed up their security as well.