A well-designed password management software is a very useful tool for businesses. As such, there are many such softwares available for different business needs and preferences. Read on to learn more about the various features and functionalities of such softwares.
The need for password management software to safeguard business data grows each day. With the increasing number of attacks, it is no wonder why there are many companies wishing to acquire this technology. But whatever reasons may be keeping you in the market for a password management software, make sure to keep these in mind:
Keeper Password Manager and Secure Vault
Keeper is a market-leading business password management solution that provides enterprise password security to help promote better password practices among employees, prevent account compromises, and meet business compliance standards. 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.
Keeper’s password vault is easy to use and accessible from anywhere, making it simple to create high-strength passwords, access them, and securely share them with other team members when needed. Users are also able to store encrypted files in the vault such as documents or photos. Keeper’s browser extension, KeeperFill, recognizes sites and applications the user already has logins saved for and automatically fills in their credentials. When resetting passwords or creating a new account, KeeperFill automatically suggests and saves new passwords to the user’s vault.
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.
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. Keeper are a strong option for organizations looking for a reliable, fully-featured enterprise password management solution.
Base pricing starts at $3.75 per user, per month. Additional add-ons are also available such as BreachWatch which scans the dark web and alerts users when any of their credentials are found.Get a DemoStart a Free Trial
Dashlane Business
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Dashlane is a password management solution designed not only to protect users from credential-based data breaches, but also to be highly user-friendly and easy to roll out. It’s popular amongst both technical and non-technical customers for its intuitive user experience and wide rang of security features, which help to protect valuable corporate data while freeing up help-desk resources and increasing employee productivity.
Dashlane’s excellent customer support and user-friendly interface make it strong password manager for a small-to-medium-sized business, including non-technical companies.
Dashlane features a secure AES 256-bit encrypted password vault, with an additional Argon2d encryption setting, which adds latency and provides stronger security against brute force attacks. Automatic breach alerts immediately notify users if a hacker attempts to breach their vault, and the dark web scanning tool searches the internet for stolen credentials. If the scan comes back positive, Dashlane alerts users that they need to change their password. Dashlane also features secure and efficient password sharing functionality within the vault.
Finally, the solution features a centralized admin console, from which admins can configure policies including disabling auto-fill on certain websites, 2FA enforcement and setting up Business Space domains. The Business Space feature allows users to store their business and personal credentials separately within one vault. Admins can also monitor the password health in an employee’s Business Space without encroaching on the privacy of their Personal Space. From the console, admins can also access reports into account usage, shared password group information, and Password Health score reports.
Dashlane offers two password management packages: Team and Business. Dashlane Team includes their secure password vault, management and reporting, group password sharing and 2FA. Dashlane Business includes all of the features of Team, plus SSO and a free family protection plan for each user. Dashlane’s excellent customer support and user-friendly interface make it strong password manager for a small-to-medium-sized business, including non-technical companies.Start Free TrialStart Free Trial
NordPass
Best password manager for general business use
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.
Some of the features we like most about NordPass include biometric authorization and optical character recognition (OCR) scanning. 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.
We also like the platform’s zero-knowledge security architecture, which uses the end-to-end XChaCha20 encryption algorithm to ensure data is never compromised.
NordPass is a good value proposition, and a compelling option for a password management solution. However, we would like to see features such as WiFi sharing and greater administrator analytics and controls.
1Password — Wide Range of Features + Very Easy to Use
1Password is very secure, very easy to use, and comes with a wide range of features for both admins and team members — including advanced two-factor authentication (2FA), secure password sharing, and dark web monitoring.
One thing I really love about 1Password is that it has options to connect third-party apps to add new users and manage their account. For example, when I connected my team’s Slack account to 1Password, I could easily invite everyone to 1Password via Slack and monitor when they logged into their 1Password accounts. I could also get Slack notifications when someone needed their 1Password account recovered. Easy third-party integrations like these are where 1Password really shines.
1Password also includes:
- Admin control panel.
- Password vaults.
- Advanced 2FA options.
- Customizable security settings.
- Active directory integration.
- SSO options.
- Dark web monitoring.
- Hidden vaults (Travel mode).
I’m a big fan of 1Password’s password vaults — you can organize specific passwords into vaults and only allow specific team members access to each specific vault. For example, I created a vault for my marketing team, so only marketing team members were able access to the passwords inside that vault.
1Password offers 3 business plans. 1Password Teams is the cheapest, but it doesn’t include many advanced options like AD integration. 1Password Businessincludes all of the mentioned features as well as 5 GB of encrypted cloud storage per user, 20 guest access accounts, and a 1Password Familiesplan for every user. And 1Password Enterpriseincludes all Business plan features and adds onboarding and training assistance as well as a dedicated account manager.
Keeper — Best for Secure Communication Between Team Members
Keeper is a very intuitive and secure password manager with many advanced integration and admin customization options. It also comes with an encrypted messenger app, KeeperChat, which makes communicating between team members both 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. We then could securely share important files and even set “self-destruct” timers on messages containing sensitive information that delete themselves after a set time period.
Keeper also includes a wide range of features:
- Advanced security policies.
- Many 2FA options.
- Admin dashboard.
- Dark web monitoring.
I really like that admins can set up very specific security policies — for example, strong 20-character master passwords and biometric 2FA requirements. This ensures all employees are keeping their accounts as secure as possible.
My IT team set a policy for all high-level employees (who have access to very sensitive documents) to use a 2FA hardware key like Yubikey, whereas all other employees could use the Google Authenticator app.
Keeper’s dark web monitoring feature, BreachWatch, is also really good. BreachWatch alerts employees if one of their accounts has been compromised in a data breach, prompting them to change their credentials before cybercriminals can steal sensitive company data.
Keeper has two business plans. Keeper Businessand Keeper Enterpriseare virtually the same in terms of end-user features, but for SSO options, AD integration, advanced 2FA, and provisioning options, you’ll need Keeper Enterprise
Hitachi ID Password Manager
Hitachi’s Password Manager is an integrated solution that allows users to manage passwords and account credentials across applications and devices. It aims to help users manage their passwords, tokens, cards, security questions and biometrics, while improving account security.
Password Manager includes multiple features including password synchronization, self-service password management, PIN reset, strong authentication, federated access, enrolment of security questions and biometrics.
Password Manager is popular with its customers for how easy it makes it for end users to reset their own passwords and gain access to accounts. This saves a lot of time and effort for IT admins, who will no longer need to reset individual user passwords if they are forgotten. This is especially useful for larger organizations, where numerous requests for password resets can quickly become a time consuming task.
Password Manager is a component of the Hitachi ID Identity and Access Management Suite, a system that helps enterprises to better manage their identity polices and credentials, which also includes 2FA and enrolment. Customers feedback suggests that Hitachi Password Manager is a good choice for enterprises looking for a comprehensive identity management suite.
ManageEngine Password Manager Pro
Password Manager Pro is a secure vault for storing and managing sensitive information such as passwords, documents and digital identities for enterprise. Password Manager Pro helps organizations to manage passwords more effectively, improve IT productivity, improve admin security controls and meet regulatory compliance.
This platform is available as both an on-cloud and on-premise solution. ManageEngine automatically creates a secure password for users and employees can access their passwords both on desktop and on mobile. The admin console is accessible off network, so you can set policies when you’re away from your desk.
ManageEngine also allows admins to set roles-based access, meaning that a manager in one department may have access to important passwords for that department, but will not have access to passwords important to another department. Reporting is detailed; admins can even set session recording to see exactly who is sharing passwords and for what reasons.
ManageEngine also provide Password Manager Pro MSP edition. This platform aims to help Managed Service Providers manage their clients’ passwords more effectively, helping to improve security and make management easier.
Conclusion
Most of the business owners face the same common issue with passwords, he said that password management which is a secure and reliable software. He wanted for them for his business.