10 Best Password Managers For Businesses In 2022

Built on a zero-knowledge security architecture, password encryption and decryption occurs only on the client’s device. This means that the plaintext version of the data is never available to Keeper employees nor any outside party. Our list of the best solutions that protect your business accounts by securely managing your passwords. Sticky Password is one of the cheaper password management services currently available. Some of the features we like most about NordPass include biometric authorization and optical character recognition scanning.

• We are shocked, therefore, to discover that most end users are hesitant to adopt it, despite their concerns about the number of identities and usernames they possess.
• They additionally encrypt all accounts so that no one, not even the support professionals, can see the passwords in the hosted vaults.
• Zoho offers a number of other business applications as well, like CRM and sales software, and Zoho Vault is designed to perfectly integrate with all of its other software.
• You can set up multifactor authentication through apps, use a security key or create a special backup code.
• You can add an additional layer of security to your vault by requiring multiple credentials to log-in, not just a single master password.
• A password manager and a secure document manager are included in the Passportal package.

These features save you time and make using NordPass a seamless experience. Password sharing is another business-oriented feature that makes the platform ideal for organizations. Dashlane comes equipped with a commendably user-friendly interface, which is always good – and in our eyes it looks sleeker than main rival LastPass. Perhaps the main downside here is that it’s not the cheapest password management system out there by any means, demanding slightly more of an outlay than LastPass.

Enterprise Password Managers Topics

All of the password managers on this list are robust systems engineered with security in mind. And the companies developing these systems are highly reputable cybersecurity providers. In short, businesses aren’t really secure until they have a secure password management system. Business password managers need to be easy to install, or to offer specialists who can help install the software on your company’s systems. They should also have intuitive dashboards and make it simple for both technical and non-technical employees to use all of the available features. I tested my top pickswith my team members to see whether they were really straightforward for everyone to use.

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. It’s critical to store these credentials in a high-speed vault so they are managed, monitored, and removed according to your security policies. If your company likes to do a bit of extra good with its purchases, Sticky Password has you covered with its manatee-saving mission, but that’s not all. 1Password offers true two-factor authentication and impressive encryption capabilities. It creates a secret key, required when logging in from any new device, that serves as the only method for decrypting passwords. Not only does it alert you if a password is weak or duplicated across other accounts, but it also integrates with Have I Been Pwned to monitor the internet for data breaches involving your information.

Some password managers limit the number of devices that can be linked to an account, or the number of items that can be stored in a vault. We’ve only included those that offer plenty of storage space for each user, along with few or no limits on device syncing. NordPass is a relatively new kid on the password manager block, but it comes from a company with significant pedigree.

And 1Password Enterprise includes all Business plan features and adds onboarding and training assistance as well as a dedicated account manager. 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 increase exponentially.

Reasons Relying On Passwords Is A Recipe For Disaster

There are ways to mitigate this problem by sharing passwords and periodically exporting the database for backup. Some password managers with enterprise features provide management capabilities like those of MDM/EMM products, such as restricting logons from jailbroken or rooted devices. Although many password services offer a free tier, many are so limited in their function that they are frustrating. On the other hand, when purchasing password management software, you should make sure that you have access to all the features you need, at a price you can afford.

Using one is more complicated than just using the same three or four passwords everywhere. Identify all service, application, administrator, and root accounts to curb sprawl and gain full view of your privileged access. Thanks to a “zero knowledge” policy, some services might find it difficult to recover your account if you somehow misplace your master login credentials. That is why you should understand any necessary steps you would have to take. Some users might feel that KeePass looks very dated, especially when compared to Bitwarden, another open source password manager with a comparatively modern interface.

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An extra utility, called Passportal Blink, is a self-service portal that enables users to reset their own passwords. This facility will greatly reduce calls to IT support and free up technicians for other cloud enterprise password management system administration tasks or help you to reduce the size of the technical support department and save money. There are three editions for ADSelfService Plus, called Free, Standard, and Professional.

Finally, Keeper’s Admin Console allows administrators to provision and control the end-user licenses for their account. The Admin Console offers advanced integration with Active Directory, SSO, SCIM, and developer APIs to allow easy provisioning. Employee permissions are fully customizable and role-based access controls can be set up to stop passwords from being shared outside of organizations or to the wrong team members. Admins can also view reporting into employee password security and access a range of audits to help enforce policies and ensure compliance standards are met.

Password Station enables business users to manage their own their own password credentials and user account. Keeper services are strictly premium, but you will have to contact the company for pricing information for most plans. The Keeper Business tier is the only level with publicly available pricing; it starts at $3.75 per user and month, billed as $45 per person annually. Keeper Business customers receive encrypted vaults for every team member and shared folders. Moreover, you access your account from an unlimited number of devices.

Storing payment and identity details in your company’s vault is more secure than saving them to your browser. 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 Dashlanehave excellent features for everyone, from small teams of under 5 to large enterprises with thousands of employees.

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. Keeper Security boasts the most popular mobile apps of any password manager, and its individual accounts and apps compare well with the competition in that space. Like much of the competition who offer password management solutions for business, Keeper offers both a business and enterprise tier starting at $45 annually per user. An add-on is available for more advanced reporting and alerting for $10 per user each year. Some password managers for teams are similar to password managers for individuals, in that they store all of your account details in one place, so you don’t have to remember them individually.

Pricing starts at $19 per user per month on the Basic plan, and goes up to $39 per user per month for the Enterprise plan. All plans have a 5 user minimum, and are based on a 36-month contract. There’s also a one-time Standard Onboarding fee of $495, or $1290 for Premier Onboarding, which includes a dedicated support representative. Enforce strong controls over your business application credentials, including layered access protections, role-based permissions, and user activity audits. The advantage of using a cloud-based password manager like Dashlane is all credentials are synced so you can access them from anywhere – Android, iOS, Linux, MAC, Windows.

What Devices Do Password Managers Work On?

The most up-to-date version of KeePass uses AES 256-bit encryption and the ChaCha20 cipher as well as a host of plugins that provide additional encryption algorithms. At present, the official version is solely compatible with Windows operating systems. But as this is open source, there are many “unofficial” versions compatible with Linux, Mac and Mono systems.

Passwordstate’s advanced reporting capabilities are some of the most detailed I’ve tested. Passwordstate audits over 120 events, including password changes, password access requests, and deleting of documents — all of which can be downloaded as a report document ready for compliance auditing. The detailed reporting capabilities makes Passwordstate compliant with a range of cybersecurity and data management regulatory bodies, including HIPAA, NIST, and SOX. I really like RoboForm’s shared access group feature, which lets you create different shared vaults for different departments.

In terms of stability, there are no complaints.The most valuable features of CyberArk Enterprise Password Vault are password vaulting and automatic rotation of passwords after use. Logging, auditing, and reporting modules in the service let administrators spot unusual account activity and help enterprises prove conformance to data security standards, such as HIPAA and GDPR. The system includes an access logging system and auditing and reporting functions that will help you to prove compliance to data protection standards, such as HIPAA, PCI-DSS, and GDPR. ITBoost is offered by ConnectWise, a producer of infrastructure monitoring tools. ConnectWise also produces MSP support tools and ITBoost is offered to those businesses. Use a password management system to cut down on all of the work that password issues cause.

Sailpoint Password Management

What happens when an employee refuses to relinquish logins when they leave? Having one person holding all the keys to the castle is a recipe for disaster. Provides analytics into credential security and hygiene across all endpoints and systems with native SIEM integration.

If you decide to upgrade to a business-themed subscription plan, your two choices are Team for $5 per month or Business for $8 per month. While Dashlane can get expensive very fast for larger teams, its security features make it a worthwhile investment. You can try it free for 30 days to see if the upgrade is right for you. The dashboard is very modern and easy to use, allowing you to keep track of all users in the system and monitor login information. Dashlane provides a Password Health metric, highlighting accounts with weaker passwords so that you can make changes as quickly as possible. You can monitor individual accounts or create groups for your employees.

Password Boss is a reliable and secure performer for password management. However, we don’t think it quite competes with the candidates we’ve already highlighted above in our list of the best business password management software. If you https://globalcloudteam.com/ are considering LastPass for your business, there are several products catering to different organizational needs. For a comprehensive, all-in-one solution, the Identity plan combines password management and multi-factor authentication.

IT Glue is another password manager aimed toward MSPs, but it could also be used by in-house IT teams. This software, like Passportal, contains a document manager and a password manager. The firm is a well-known manufacturer of IT infrastructure monitoring software and MSP support services. The only reasonable answer to the productivity stumbling block may be to eliminate passwords.