1.What is the mission and vision of Stash?
Our mission is to provide people with the tools and education to help them protect their online accounts. Our vision is a digital world in which people do not reuse any of their passwords across multiple accounts. Ever. Stash is bringing this vision to reality by delivering an offline password manager that makes it easy for people to create and securely manage strong, unique passwords for every single account they have. Ultimately, removing the difficulty and frustrations of having to do it on their own.
2. Why is trustworthy digital identity critical for existing and emerging markets?
In the digital age, it is too easy for people to remain anonymous online or claim to be someone they aren’t. In the physical world, we have ways of proving who we are through different identification methods which makes it difficult for someone to fake their identity. As we increasingly go digital, we need a form of digital identity to help people stay secure and limit their risks of being the subject of fraudulent activity.
3. How will digital identity transform the Canadian and global economy? How does Stash address challenges associated with this transformation?
Simply put, digital identity will make it safer and easier for Canadians to operate online. This will lead to people conducting more business online, nationally and internationally, in ways in which they were not comfortable before.
While it is clear that digital services aid in the efficiencies of businesses and organizations, trusted digital identity has been relegated to a side note by many leaders across numerous sectors in Canada. As digital solutions continue to evolve, access to such services still requires end users to create usernames and passwords – leaving them with hundreds of login credentials to manage.
In the digital world, it has become critical to have strong password management practices. With the ever-increasing amount of online services that require passwords, many are left feeling overwhelmed and frustrated leading them to sacrifice security for convenience. Using a password manager allows people to improve their password security while providing the convenience and peace of mind needed to go about their lives.
Stash Password Manager was created to remove the frustrations of trying to manage unique, complex passwords for all of our digital accounts while ensuring each of your usernames and passwords are securely stored offline and making logging into accounts easy.
4. What role does Canada have to play as a leader in this space?
Canada is seen by many global observers as a trustworthy, safe and stable country. Once Canada moves beyond its strategic framework and implements various capacities of digital identification, our reputation will allow us to help influence the rest of the world in adopting a standardized digital identity protocol.
5. Why did Stash join the DIACC?
We believe our patent pending Island Technology™ and our approach to online security can assist in DIACC’s mission to achieve excellence in digital identity.
6. What else should we know about Stash?
The simplest way for people to protect their own digital accounts is by having a strong, unique password for every single account they have.
Stash was created because we realized people needed a way, that was both secure and convenient, to easily manage all of the different usernames and passwords they are forced to use in the digital age. We believe the only way to securely manage all of our login credentials (usernames + passwords) and truly keep them safe is to physically store them offline in a way that keeps them disconnected from the internet. This means they should not be managed on any device that is connected to the internet, as those devices can be hacked.
At the heart of Stash is Island Technology™. Island Technology™ creates an air-gapped “island” which allows a user to isolate their data and store it in a secure manner that keeps it disconnected from the internet. Essentially it acts as a dynamic, one way communication bridge that safely transfers data from a disconnected vault to the online world. Although we utilize this technology in transferring login credentials, other companies are now beginning to recognize Island Technology™ for its unique utility in additional use cases.