“We already use 1Password.”
We hear this constantly. A business owner or IT lead assumes that because they have a password manager, their digital assets are protected. The conversation ends before it starts.
Here is the problem: password management and Digital Asset Protection solve fundamentally different problems. One stores credentials. The other ensures you actually control what those credentials access.
This distinction matters more than most businesses realize.
What Password Managers Do Well
Password managers like 1Password, LastPass, Dashlane, and Keeper serve an important purpose. They:
- Store login credentials securely
- Generate strong, unique passwords
- Enable password sharing across teams
- Autofill credentials in browsers and apps
- Provide basic security through encryption
For credential storage, these tools work. If your only concern is remembering passwords and keeping them secure, a password manager handles that.
But credential storage is only one piece of digital asset protection. And it is the smallest piece.
What Password Managers Cannot Do
Password managers store the keys. They do not tell you who owns the house.
They Do Not Track Ownership
Knowing the password to your domain registrar account does not mean your company owns the domain. The domain might be registered to a former employee, an old agency, or a co-founder who left years ago.
Password managers cannot answer:
- Who is the legal owner of this asset?
- Is it registered to the business or an individual?
- Can we transfer it if we need to?
They Do Not Monitor Renewals
Your domain renews in 30 days. Your SSL certificate expires next week. Your hosting plan auto-renews on a credit card that was canceled.
Password managers store the login. They do not alert you that the asset behind that login is about to expire, lapse, or disappear.
They Do Not Document Vendor Relationships
Who hosts your website? What is their support number? Who is your account rep? What are the contract terms?
When something breaks at 2 AM, you need more than a password. You need to know who to call and what access level you have.
They Do Not Map Dependencies
Your website depends on your hosting provider. Your hosting depends on your domain DNS. Your email depends on your domain. Your CRM integrates with your email.
Password managers store credentials in isolation. They do not show how systems connect or what breaks when one piece fails.
They Do Not Track Payment Methods
Which credit card pays for your domain? When does it expire? Who gets the renewal notice?
More digital assets lapse due to expired payment methods than forgotten passwords. Password managers do not track this.
They Do Not Support Due Diligence
When buyers ask for proof of digital asset ownership, a password vault export does not satisfy the requirement. They need documentation showing legal ownership, transfer rights, and operational control.
The Gap in Practice
Consider this scenario:
Your marketing director leaves the company. You have her passwords in 1Password. You change the credentials and move on. Problem solved, right?
Six months later, you discover:
- The Google Ads account was created under her personal Google account. You have the password, but she is still the owner. She could reclaim it anytime.
- The domain renewal notice went to her email address, which is still the registrant contact. The domain expired. Your website went offline.
- The Facebook Business Manager lists her as the primary admin. When Facebook required verification, only she could complete it. Your ad account is now restricted.
You had all the passwords. You did not have ownership or control.
Digital Asset Protection: The Complete Picture
Digital Asset Protection goes beyond credential storage to address the full scope of digital ownership and control.
The Ownership Mapping Framework™ documents:
- Ownership: Who legally owns each asset (entity, not individual)
- Access: Who has credentials and at what permission level
- Management: Who is responsible for maintenance and updates
- Payments: What payment method is on file and when it expires
- Renewals: When each asset renews and who receives notices
- Vendors: Contact information, contract terms, and support procedures
- Dependencies: How assets connect and what depends on what
- Recovery: Backup access methods and emergency protocols
This creates a complete picture of your digital infrastructure, not just a list of passwords.
Side-by-Side Comparison
| Capability | Password Manager | Digital Asset Protection |
|---|---|---|
| Stores login credentials | ✓ | ✓ |
| Generates secure passwords | ✓ | ✓ |
| Tracks legal ownership | ✗ | ✓ |
| Monitors renewal dates | ✗ | ✓ |
| Documents vendor relationships | ✗ | ✓ |
| Tracks payment methods | ✗ | ✓ |
| Maps system dependencies | ✗ | ✓ |
| Provides expert support | ✗ | ✓ |
| Supports M&A due diligence | ✗ | ✓ |
| Enables clean ownership transfers | ✗ | ✓ |
They Work Together, Not Instead
Digital Asset Protection does not replace password managers. It builds on top of them.
The ideal setup:
- Password manager: Securely stores and shares credentials
- Digital Asset Protection: Documents ownership, renewals, vendors, and dependencies
Think of it this way: a password manager is like a key ring. Digital Asset Protection is the property deed, insurance policy, and maintenance schedule.
You need both. But only one actually proves you own the house.
When the Difference Becomes Obvious
The gap between password management and Digital Asset Protection becomes painfully clear during:
Employee departures: Changing passwords is easy. Transferring ownership of assets registered to personal accounts is not.
Vendor transitions: You can log into the account. But the vendor still controls it, and they want $10,000 to transfer ownership.
M&A transactions: Buyers do not want your password vault. They want documented proof of ownership and transferability.
Emergency recovery: The password works, but two-factor authentication goes to a phone number you do not control. Now what?
Renewal failures: You have the login. But the renewal notice went to an email you do not monitor, and the domain expired yesterday.
The Real Question
Password managers answer: “What is the password?”
Digital Asset Protection answers: “Do we actually control this asset?”
If you cannot answer the second question confidently for every digital asset your business depends on, you have a gap that no password manager can fill.
The bottom line: Passwords protect logins. Digital Asset Protection protects ownership. You need both, but only one ensures your business actually controls its digital infrastructure.
Do You Control Your Digital Assets?
A Free Digital Continuity Assessment™ reveals ownership gaps that password managers miss.
