I wrote an app that queries a Jira API which requires authentication that I provide through Basic Authentication (base64 in the header). The password was stored in the code which has to stop now because I want to hand over the code.
When the users changes their passwords due to the password schedule, the app should prompt the user for the new Jira password, save it securely, and pass it to the Jira API via Basic Authentication.
What's the best way to do this?
Normally, we would hash it but that's not possible because hashing is one-way direction and we need to pass in the real password to Jira instead of a hash.
In case of storing a string which needs to be protected in case of breaches or as a general software data security concern, encryptions should be done. For example, in your case, when the password is taken by the user then it shall be encrypted by the software before storing. While retrieving, the password is decrypted and converted to the hash(or base64) which Jira accepts for the login handshake.
Apart from the simply encrypting and decrypting, a better approach will be to use salts while encrypting and using multiple encryptions in the loop to avoid brute force attempts.
Pseudocode:
Source: Attempt 4&5 https://nakedsecurity.sophos.com/2013/11/20/serious-security-how-to-store-your-users-passwords-safely/