![]() We have a white paper that details all of our security. It also makes us less of a target because we make that very public. That helps keep you comfortable in your privacy. When you put your information into 1Password you now know, no matter what happens, we can’t get at it. ![]() We have no technical ability to decrypt any of that data. We made a decision right at the beginning, when we built the system-as-a-service side of it, that we have no keys. We’re always looking at that boundary of security and convenience. How do you balance the security you need to keep businesses safe, while also making it easy for people to use? I’m sure that makes you a target for hackers. #1password security passwordWe’re still hiring.ġPassword is one of the biggest password managers in the world. It’s just a matter of, from my perspective, being very thoughtful about how we spend our money. If the market is not in a place where it makes sense to raise money, we don’t really have to worry about it. We’re never going to need to raise money. When we look at the situation now, where there are certainly some rough waters from a macroeconomics point of view, we look at it the same. We’ve got over 100,000 paying businesses. It wasn’t a case that we needed the money by any means. ![]() We were 13 years old at the time - never taken any funding, never taken any debt. Up until 2019, we had never taken any funding. ![]() 1Password is privately held - how have you folks been weathering the current market situation? He spoke to the Star at Collision about tech’s choppy waters, whether 1Password will ever go public, and how he’d respond if someone successfully breached his company’s security:Ī lot of public tech companies have lost a lot of valuation on the markets right now. “We’re here to protect the human being,” Shiner said. Today, 1Password boasts over 100,000 business customers, a $798-million round last January, and a CEO equally comfortable talking about Lego and his company’s robust security measures.Īt Toronto’s recent Collision tech conference in Toronto, 1Password debuted Insights, a way for business subscribers to monitor security risks - and improve security practices. That said, password managers are one way to keep everything straight - and Toronto-based 1Password is among the best-known. Most are probably variations on one another - a dangerous yet unsurprising workaround for those of us unable to remember dozens of unique passwords. We all have way too many passwords - between 50 and 100 each, according to some estimates - floating around the ether. If the passwords to your Instagram profile, bank account, and UberEats app are all variations on the name of your favourite band, 1Password CEO Jeff Shiner wants a word with you. ![]()
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