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Password management is often a component of identity management, whereas identity management as a whole is a different paradigm of account security that uses additional methods of verifying identity than just a password or a second factor. You may be wondering why there’s no mention of identity and access management tools in this article, and there is a reason: Password managers and identity and access management are related, but they’re different in scope and scale. Information about family members is great as phishing bait and for other cybercrimes. It’s worth considering that, by extending enterprise password managers into your employees homes, you’re eliminating several micro-ingress points that a determined attacker could exploit. This is offered by half of the eight products reviewed here and highlights an interesting difference in philosophy between the two groups of companies that 1Password put best: “When people practice secure password habits at home, they’ll be more secure at work.”

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One interesting feature shared by several of the following products is free family accounts for all of an organization’s employees. Determining which of the eight is the best choice for your organization will come down to how they differ. That said, assume that the enterprise password manager “musts” listed above are standard features of the eight options covered here. In some instances that’s not the end of the world, but when it comes to password security you don’t want to spend a lot of money on something that people won’t use or will only use grudgingly.

Be as frictionless for users as possibleĭon’t underestimate the importance of that last point: If a new solution adds friction to an employee’s daily flow, then they’re less likely to use it.

Have cross-device functionality and apps.

Be able to generate random, secure passwords.

Let users securely distribute login credentials for shared accounts.

What makes a good enterprise password manager? That doesn’t mean that every enterprise password manager is suited to every enterprise, but there are a number of things any business password management tool worth its bits should be able to do. The bottom line is that there’s no avoiding the necessity of some form of password management for modern businesses.

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Many people even choose to forego a password manager in favor of the Android and iOS built-in password keychains, but that’s not an option in professional situations where password security is paramount. You may even use a personal one (and good on you, if so), but choosing a personal password manager versus choosing one for an entire organization can be a bit trickier. Why is enterprise password management important?Ĭhances are good at the very least you’ve heard of password managers. Those are what we’ll tease apart by comparing these eight leading enterprise password managers. That said, there are small features that are no less essential for their size and scope that can be the deciding factor for some businesses. After all, there’s only so many ways to design an application with the same core concept, which in this case is keeping passwords securely locked behind a single sign-on account. When it comes to managing passwords, the choices are many, but the differences are relatively few. SEE: Password breach: Why pop culture and passwords don’t mix (free PDF) (TechRepublic) Security incident response: Critical steps for cyberattack recovery (TechRepublic Premium)

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Regardless of how you’ve come to realize that good business password management is essential, you’ve probably then found yourself faced with another problem: How do you pick the right password management software for your particular business? Must-read security coverage

If you’re reading this, there’s a good chance you’ve heard your business needs a password manager, or you’ve found out the hard way that you need one.

A note on identity and access management.What makes a good enterprise password manager?.Why is enterprise password management important?.For more info, visit our Terms of Use page. This may influence how and where their products appear on our site, but vendors cannot pay to influence the content of our reviews. We may be compensated by vendors who appear on this page through methods such as affiliate links or sponsored partnerships. Looking for the right password management fit for your organization? These eight options all have something to offer, and one may be the best fit for you. 8 best enterprise password managers for 2022

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