Sticky Password is an okay option for smaller teams looking for a simple business password manager. Its interface is a little pixelated and not nearly as well-designed as other brands on this list. That said, I like that Sticky Password includes various admin controls to ensure all passwords used by team members are secure, for example when setting master password requirements. Keeper is a very intuitive and secure password manager with many advanced integration and admin customization options. You can also add Keeper’s encrypted messenger app (KeeperChat) to your business plan, which makes communicating between team members very convenient and secure. One of my team members recommended that I set up KeeperChat and create different group chats for different teams — marketing, IT, HR, etc.

In addition to users, systems such as databases, applications, and networks all require a robust enterprise password management solution to authenticate and exchange information. These accounts aren’t tied to a unique human identity, which means you can’t rely on Identity and Access Management tools to manage them. When no individual is held accountable for password protection, the risks of a data breach cloud enterprise password management increase exponentially. When no individual is held accountable for password protection the risks of a data breach increase exponentially. But it’s best if your password manager is flexible enough to scale with your business as it grows. Top password managers like 1Password and Dashlane have excellent features for everyone, from small teams of under 5 to large enterprises with thousands of employees.

What is Enterprise Password Management?

You can try it free for 30 days to see if the upgrade is right for you. NordPass’ security features include the ability to scan the internet for possible data leaks, allowing you to react as quickly as possible. The system also identifies weak, old and reused passwords so that you can swap them for stronger and more unique options. You can set up MFA through apps, use a security key or create a special backup code. An Enterprise Password Management solution like BeyondTrust Password Safe goes beyond the scope of a traditional corporate password manager.

You can monitor individual accounts or create groups for your employees. However, it is limited to only one user and is only accessible to one device at a time. Certain features, such as the ability to identify weak passwords or scan the internet for leaks, aren’t available. The freeware may let you store an unlimited number of passwords, but it is so limited that you should probably consider the premium version rather than a free account.

LastPass

As a baseline, the platform includes essential features such as one-touch login, password generation, password autofill, automatic syncing, and encrypted storage of credit cards and digital notes. Although LastPass was transparent about the breach and how the situation affected customers, it is understandable that customers may feel concerned as this is the second breach in several years. The 2015 data breach forced users to change name and password information. The Teams plan tops out at 50 users, but there is no user limit with the Business plan. Additionally, with the Business tier, you gain access to important security add-ons, such as SSO and MFA.

You can try NordPass Business on a 14-day free trial to see if it’s the right choice for your business, but that trial doesn’t extend to the Enterprise plan. You’ll need to get in touch with NordPass’s sales team to request a demo if you want to use NordPass Enterprise. I also like how 1Password makes it easy to set up two-factor authentication (2FA). By switching on Enforce two-factor authentication, everyone in my team had to set up a form of 2FA for their 1Password accounts.

Select and integrate with your service provider

In addition, Dashlane’s system naturally incorporates authentication and is compatible with most mobile authenticator apps or universal 2nd factor (U2F) keys. Credentials are often stored insecurely or in plain text, such as on sticky notes or in shared spreadsheets. Even once secure passwords can be forgotten, non-compliant, repeated, or simply shared with the wrong person, increasing the risk of a data breach. Enterprise Password Management refers to the practice and techniques of securely controlling credentials for privileged accounts, services, systems, applications, and more. Also known as Privileged Password Management, these solutions reduce risk by identifying, securely storing, and centrally managing every elevated access credential. For businesses operating in regulated industries, ensure that the password manager provides audit logs, reporting features and compliance with relevant security standards.

As it is on the Kaseya platform, IT Glue is a good choice for managed service providers that are already using the company’s RMM, which is called Kaseya VSA. The tool can also operate with RMMs from ConnectWise, NinjaOne, and Auvik among others. IT Glue is a product from Kaseya, which is known for its MSP systems platform.

Benefits of enterprise password management in the cloud

RoboForm scans each user’s vault for weak or compromised passwords that need changing. I wanted to find the best business password managers on the market in 2023, so I started researching and testing dozens of products. Finally, note that above all else, a business password manager should be easy to use.

More concerning is the lack of options should you forget your master login. Due to Norton’s zero-knowledge policy, if you forget the master password, you will essentially be locked out of all of your accounts. We reviewed software options using a detailed scoring process to help you find the eight best password managers. Our ratings looked at factors important to small businesses, such as offering affordable pricing, feature functionality, quality customer support and a final review by our panel of experts. It’s tempting to use the same password for all your accounts, but that opens you up to all sorts of cybersecurity risks. It’s also a huge headache to memorize and keep track of all your credentials.

Which Enterprise Password Management Solution Should You Choose?

These password managers make use of the safest encryption options available while providing intuitive user interfaces. The solution also supports passwordless authentication by allowing employees to decrypt their vault using the LastPass Authenticator app instead of using their master password. It offers multi-factor authentication and the ability to manage access to specific websites or resources on an individual or group basis.

• Others follow a biometrics-based security protocol, while some even support physical keys stored on hardware peripherals.
• The password vault is stored on the Passportal server and is protected by encryption all communications between your site and the Passportal system in the cloud are also protected with encryption.
• I’d recommend that you try a password manager — not just for convenience, but also for security.
• The password management system covers all resources of the company including the network, endpoints, servers, and the applications that run on them.
• To curate a list of the best enterprise password managers, we looked at some important features that every password manager should have for enterprise purposes.
• An enterprise password management solution designed to keep people productive eliminates the temptation to share passwords and skirt security controls.
• However, all of the cloud-based systems in our list secure all transmissions between the client site and the cloud server with encryption.

KeePass is another excellent open-source manager that puts all of your passwords in one database. It is probably one of the more technical options available, with a learning curve that could annoy professionals not too familiar with open-source coding. One of this service’s best features https://www.globalcloudteam.com/ is that it allows account recovery if you lose or forget your master password. Mistakes do happen, so it is great news that NordPass lets you recover your information. Norton also offers a free password generator that helps quickly and easily create hard-to-crack credentials.

Pricing

Bitwarden offers a range of specific features that make it a comprehensive password management solution for enterprises. Administrators have access to advanced tools such as user management, where they can easily add, remove or modify employee access to credentials. The solution also includes secure password sharing that allows teams to collaborate and share log-in information securely. Bitwarden also integrates seamlessly with single sign-on providers like Okta and Azure Active Directory, streamlining the log-in process for employees across multiple business applications.