There are essentially two ways to interpret the 4-letter acronym that went viral back in 2012. College kids and bros of all walks of life used the You Only Live Once mantra to engage in all sorts of dangerous stunts and bravado. However, a counter-interpretation started making the rounds that drew a different conclusion. Yeah, You Only Live Once… so best be careful.
It seems that Google and Dashlane are favoring spirit of the second interpretation with their new security-conscious password manager API “Open YOLO.” With users accessing more accounts than ever and many of them re-using the same password on multiple accounts, security risks have never been higher. It’s basically gotten to the point that it’s difficult to be reasonably secure without using some sort of password management tool.
What Google and Dashlane have done is create an open API that works pretty similarly to Google Smart Lock. The API will give password app developers the tools they need to access passwords stored in password managers safely and securely. In this case, YOLO stands for You Only Login Once.
“This is an important initiative for our industry and for the state of user security,” said Emmanuel Schalit, CEO of Dashlane. “Collectively, we are committed to increasing user security and believe that the best way to do this is to champion open source security projects–which Dashlane has done earlier this year by becoming the first password manager to adopt the FIDO Alliance’s Universal Second Factor (U2F) authentication standard. We look forward to expanding this collaborative project that will benefit the entire security industry.”
In this case, YOLO stands for You Only Login Once.
“Google is excited to support the launch of this project with Dashlane and help create a new open standard for app authentication,” said Google’s Iain McGinniss. “This project is part of our longstanding support of open technology standards that provide great, secure user experience to end users.”
What are your thoughts regarding Open YOLO? Let us know in the comments below!