You could choose targeted tools from a company like Specops or go for an all-in-one security solution such as LastPass for Business. There are open-source applications like KeePass, personal solutions that double up for business use, and enterprise-only providers like Secret Server. Password managers come in all shapes and sizes. This further reduces the chances of user credentials getting breached.Īlso Read: CNA Financial Pays $40 Million Over March Ransomware Attack, the Highest Known Ransom Payout Key Must-Have Features for Password Managers In an enterprise setting, password managers come with sophisticated user authentication and access management capabilities to add another layer of protection. It combines convenience with security – often at competitive costs – to secure online experiences in a rapidly evolving digital world. Password management software offers an answer to this problem. Indeed, it can be a hassle to generate a strong password for every account you create and keep track of, particularly when passwords have to be reset at regular intervals. Studies Opens a new window reveal that 85% of people know that reusing the same password can be risky, but nearly 1 in 4 do it anyway. Instead, password managers offer a purpose-built solution to the security challenges arising from SaaS app sprawl, too many accounts, and multiple privileged users inside a business network. Storing passwords in your browsers, built-in storage, and autofill engine is often the most common practice, but it is fraught with security risks. Today, given that so much of our personal and professional workflows involve an account-based SaaS application, password managers have emerged as a productivity staple. It prevents unauthorized entities from getting hold of the passwords either through application vulnerabilities or social engineering.It ensures that passwords aren’t lost or forgotten, reducing user frustration, loss of productivity, or even financial loss.Ī password manager has two core purposes: It recommends password best practices to minimize the risk of the user forgetting the password as well as the risk of the password becoming exposed to entities with malicious intent. Key Must-Have Features for Password ManagersĪ password manager is defined as a software application that securely stores user credentials in a cloud-based or on-premise vault, helping users stay safe online by following password creation and management best practices.This article discusses some key features to look for in password management software and the leading platforms to consider in 2022. Learn more.Ī password manager is defined as a software application that securely stores user credentials in a cloud-based or on-premise vault, helping users stay safe online by following password creation and management best practices. If you buy through affiliate links, we may earn commissions, which help support our testing. Microsoft Windows 8 & 8.1 / Pro / Enterprise / 8.Disclaimer: Spiceworks editors select and review products independently.Microsoft Windows 10 Home / Pro / Enterprise.Microsoft Windows 11 Home / Pro / Enterprise.Microsoft Edge based on Chromium (version 79 or higher).Google Chrome™ (version 70 or higher) / Google Chrome for OS X.Mozilla™ FireFox™ (version 65 or higher) / Mozilla FireFox for OS X.Mixing the old version and the latest version – on different devices – may cause operating issues. For correct operation, please install the latest version of Kaspersky Password Manager on all your devices.
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