Choosing The Best Enterprise Password Management Solution

It’s popular with customers for it’s easy to navigate interface and accessibility. Customers also praise how easy it is to generate new secure passwords, and it’s reliability. Migrating existing passwords is easy, you simply log into an account and LastPass automatically stores your account details. Your vault is secured with two-factor authentication by default and with fingerprint and facial recognition on mobile applications and certain laptops. I have been using Dell password manager for six years give or take. I can avoid the headache of having to remember each password for each web login. For the price, 1Password Business includes apps for most popular platforms, unlimited shared vaults and item storage, administrator controls, two-factor authentication for additional protection and more.

Thycotic Secret Server — While Thycotic was pretty good when I tested it, I wasn’t impressed by its security reports feature, which was very complex and made reporting very long-winded and confusing. Add an unlimited number of SSO applications, with over 1,200 apps already pre-integrated. Protect every point of your business by giving your IT team complete control.

Core Features Are “100% Free”

NordPass is another strong contender when considering all the best business password management software out there. It is highly secure, easy to use, widely supported, and more affordable than some other providers. Fortunately, there are many highly secure, innovative, and affordable solutions available. We’ll therefore feature the best business password management software currently available. But it’s best if your password manager is flexible enough to scale with your business as it grows.

MSP customers report that the interface is intuitive, making it easy to assign passwords and other information to client accounts. N-able Passportal is a good choice for MSP customers, who need a system to manage all of their clients passwords, or MSPs looking to distribute password management as a service to their clients. Lastpass is easy to use; it seamlessly stores passwords across accounts and makes it intuitive for users to log into multiple systems with unique, secure passwords.

Changing passwords for service accounts is tricky because applications are dependent on credentials for daily operations. Enterprise password protection goes beyond managing internal employee passwords. Contractors and partners may also need limited or temporary passwords, which you need to create, manage, and remove when their lifespan is over. To keep tabs on third-party behavior in real-time, you may want to require an internal employee to authorize their access or even monitor and record sessions. Passwordstate is particularly popular with customers for its range of security and reporting features, integration via API, supported and granular admin policies. Reporting is detailed; admins can even set session recording to see exactly who is sharing passwords and for what reasons.


Keeper helps improve password security by allowing users to generate random, high-strength passwords for all of their company accounts and applications. These are stored in a secure, encrypted vault unique to each user and can be easily managed and accessed when needed from any device. Keeper helps to improve employee productivity, reduce the risk of data breaches from weak or reused passwords, and ensure compliance standards are met. 1Password is one of the most popular password managers for individual users, but they also offer a plan for teams and enterprise users called 1Password Business. More than 100,000 businesses now trust 1Password to keep their most important information safe. Their service offers easy deployment, integration with other identity and access management platforms like Okta, Azure Active Directory, and Rippling. It starts at $7.99 per user per month, and comes with many of the same core features, including a password generator, and apps for smartphones, desktops, and more.

company password management

It offers 1-year, 3-year, and 5-year subscription packages which are priced based on the number of employees. Also, each plan comes with training webinars and materials to help you get started. NordPass pricing plans for business start from $3.19/month per employee. You can self-checkout for up to 250 members, or schedule a 30-minute demo call to discuss the pricing options for enterprises. Additionally, it supports two-factor authentication and identifies weak, reused, or old passwords to boost your company’s security even more. Only top-tier password management service providers can offer the security and flexibility that all companies need.

Eliminate Employee Password Reuse

Apart from that, company admins can customize and set security policies for business teams or the entire application password management enterprise. The number of administrative accounts is neither limited, nor charged with additional costs.

company password management

By keeping passwords stored within a password manager, MSPs can use complex passwords for their enterprise accounts without having to write them down on sticky notes or spreadsheets. CyberArk is designed for enterprise users, so you’ll have to request a quote to find out how much it will cost for your business. Several of their offerings come with a free trial, and can be customized to suit the specific size and structure of your team. Plans can be purchased on a subscription basis, starting at $595 for the Standard plan, with up to 2 administrators and unlimited resources and users. The Enterprise Edition costs $3,995 and supports up to 10 administrators and 25 SSH private keys. It’s the only possible way to maintain unique, hard-to-guess credentials for every secure site that you, your family members, and your team access daily. Store all of your company passwords in protected vaults, collaborate with teammates, manage user rights, track all changes, monitor security and use one click logon.

Powerful Security Dashboards

The company’s personal and business product lines work on all major desktop and mobile platforms and browsers. The service is cloud-based only, with files stored on the company’s servers and synced to local devices.

From the console, admins can also access reports into account usage, shared password group information, and Password Health score reports. Password Boss is very easy to set up and offers a good range of features. The onboarding and offboarding processes are easy to follow, and I particularly like the range of security policy settings.

Separate Business And Personal Vaults

Federation from Active Directory Federation Services or Okta couples nicely with built-in provisioning and de-provisioning to streamline your administrative workflow. LastPass for business is available for $6 monthly per user, but limits you to three SSO apps, which is a pretty serious handicap. The Advanced SSO add-on gives you unlimited apps for an additional $2 per month for each user, and the Advanced MFA lends some serious power and flexibility to the authentication process for $3 monthly. Business customers can bundle with both add-ons for $9 monthly per user all told. Other authentication capabilities you should look for in a business password manager are squarely business features. Most people use a password manager primarily to manage website credentials.

  • When it comes to passwords, you can generate reports and an audit trail for all of your accounts, including the date and type of activity.
  • Whether organizations use the LastPass mobile device application or browser extension, the program stores passwords in a centralized, secure data vault.
  • When people practice secure password habits at home, they’ll be more secure at work.
  • It offers dedicated password vaults for teams with access to relevant credentials.
  • They have flexible subscription plans which allow you to pay for only as much as you intend to use.

Employees get individual password health scores for personalised protection – an overview of weak, reused, and compromised passwords. Also, they can securely share encrypted information with teammates to minimise the risk of data leaks. Poor password security has plagued the business world for as long as there have been more than one password to remember. However, the mix of remote work and the increase of e-commerce and online transactions add new levels of risk. One study found that one in four people are re-using work passwords for personal transactions, from dating apps to food delivery services. In the business world, this problem can cascade into trouble for overall business password management. There aren’t many password managers available that offer the power you’ll find in Zoho Vault.

Hitachi ID Bravura Pass— Hitachi ID’s password manager offers a lot of features, including advanced IT system integration options. However, its user interface is outdated and my team found it extremely frustrating to navigate. For larger enterprises, managing access is a difficult and time-consuming task. Consumer-level password protection solutions don’t have the ability to scale with an enterprise’s needs and using a manual system creates the potential for human error and theft. Using a company password manager boosts your business cybersecurity.

company password management

Most password managers include a built-in mechanism for securely sharing passwords with other users, but some go a step further with advanced permissions. For instance, a few password managers allow you to share a login without making the password visible, revoke sharing, or make the recipient an owner of the item. Privileged Access Management extends to non-human account credentials, such as those needed for applications and services to run. Application password management is critical because those credentials are not tied to a human. As such, they are more difficult to track and can sometimes be found in plain text in the code, applications, and services where they are needed.

Best Password Manager 2021: Business & Personal Use

Business users can sign up for a 15-day free trial and explore Vault’s enterprise features. As an MSP, you know the importance of keeping sensitive data secure. It is important to have password management software that can make the password-changing process fast and easy. With an automated tool, you can set passwords to automatically expire and generate github blog new passwords on any frequency. You can add an additional layer of security to your vault by requiring multiple credentials to log-in, not just a single master password. Dashlane also offers enterprise mass deployment, and free personal accounts for your employees, with a Smart Spaces feature so they can separate their work and personal vaults.

Password Managers Go Mainstream and Reveal Need for C-Suite Driven Security Consistency – Business Wire

Password Managers Go Mainstream and Reveal Need for C-Suite Driven Security Consistency.

Posted: Tue, 30 Nov 2021 08:00:00 GMT [source]

Remember fewer passwords, log in faster, and increase your online security. Think of establishing company-wide data center security and compliance as if you were building a house.