Password Manager

Enterprise Password Storage: A Guide to Choosing the Best Business-Level Password Management Solution

Imagine how frustrating it’d be if you were to sit down for work only to realize that you’ve been locked out of your accounts. How far will you get behind if your business network is hacked? What about potential lawsuits if any private data is stolen? Scenarios such as this don’t have to happen. In addition to a good cyber security program, businesses should use enterprise password storage solutions.

Password managers aren’t just for individual computer and smartphone owners. There are high-level, comprehensive solutions for businesses and organizations of all sizes, from enterprise level down to teams. With the right password storage / manager, you get control over who gets t access and see what, and when. You can also get reports of who has been viewing and accessing what accounts and data.

Choose a business password solution that helps you to enforce new and existing security policies via advanced permission controls. You should be guaranteed security and compliance. The ideal program has multi-key encryption to ensure that your organization’s passwords and data are protected with multi-factor authentication and extra layers of security. You should be able to enforce the multi-factor authentication on every single device related to your company, including tablets and notebooks.

Choose an enterprise password storage platform that can be deployed on every device. Read reviews to find out if there could be any potential compatibility issues. Make sure you’ll receive premium support, which includes everything from deployment advice to troubleshooting from a dedicated support team.

Activity Logs in Enterprise Password Storage

In addition to usage reports, an activity log is a useful feature as well. There should be an option to create an audit trail activity log, which includes all actions and changes that are occurring and have occurred in that particular account.

What if you have employees who travel? What if you travel yourself? Are you concerned about potential weaknesses in public Wi-Fi spots? With the right password storage solution in place, you can remove sensitive data from devices remotely.

Look for a platform that includes a master password and secret key that you and only you will know. There are a lot of password managers out there but many of them are not capable of enterprise-level storage solutions.

Which one should you consider? One company that gets a lot of praise by businesses users and individual users alike is 1Password. There are various subscription levels to choose from, including ones for businesses and teams. Deployment is a simple process, regardless of the size of your business. Keep a lookout for 1Password business discounts that can help you save on an enterprise password storage.

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