8 Best Password Managers July 2023

Secret Double Octopus provides a “best-in-class” enterprise passwordless MFA solution. In addition to market-leading completeness of features, SDO’s solution is differentiated by its patented automated password rotation approach and flexibility around enabling a “passwordless journey”. The https://www.globalcloudteam.com/ company recently won AITE Novarica’s highest distinction in an evaluation of all major solutions, and has been designated a Gartner Cool Vendor. Password management software provides users with the means to create, secure, manage, reset, synchronize and keep track of all their passwords.

When choosing a business password manager, look for features like auto-saving, auto-login, login security audits, and secure password sharing — 1Password and Dashlane include all these and more. My colleagues and I tested each feature of every product on this list and reached a consensus on their quality. PassCamp’s simple interface makes it great for fast setup and onboarding — but I was a bit disappointed with its lack of advanced features. PassCamp doesn’t have some of the features I would like to see in a premium business password manager, like dark web monitoring and VPN integration. LastPass is one of the most intuitive and feature-rich password managers for businesses. I particularly like that admins can set specific login requirements for team members .

Gain peace of mind with comprehensive compliance

LastPass Teams is for a maximum of 50 users and offers a vault for every user, shared folders, a security dashboard, and dark web monitoring. LastPass Business has everything Teams has, but adds in-depth reporting, SSO and AD integration, and unlimited users. You can also choose advanced SSO and MFA add-ons with the Business plan. Integrating Dashlane into a company’s computer systems is easy — my IT team had no problems getting it set up and running. They particularly liked that the admin console made it really simple to manage permissions on employee accounts and ensure everyone was using highly secure passwords.

  • Small and medium businesses often start with password management and multifactor authentication .
  • For example, I created a vault for my marketing team, so only marketing team members were given access to the passwords inside that vault.
  • Gartner predicts that by 2025, more than 50% of workforce and more than 20% of customer authentication transactions will be passwordless, up from less than 10% today.
  • Old-school enterprise password management software is complex, expensive to manage, and slows down your systems.
  • Cybercriminals are growing and making new ways to track and crack accounts.
  • Additionally, NordPass keeps user activity logs that enable an organization to track password usage and overall health.

Simplify and strengthen auditing and compliance while achieving organization-wide visibility, control, event logging and reporting. Two-factor authentication is a security measure that requires two forms of identification to access an account. Secure notes feature allows users to store and share sensitive information, such as software licenses or business notes, securely within the platform. Automated password changer generates strong, unique passwords and applies them to accounts automatically, thereby reducing the manual work involved in password management. Robust security-focused feature set includes zero-trust and zero-knowledge architectures, secure password storage, an encrypted vault for sensitive files, and an automated password changer. Integration with a wide range of applications and platforms allows users to manage passwords across various tools and systems from a single interface.

☑ Dashlane Business

With a NordPass business account, administrators can set a password policy for employees to ensure that all passwords are long, strong, and unique. Business accounts can create detailed compliance reports by clicking the Compliance button on the dashboard. These records show which employees are using the password manager, and how well they are maintaining safe password hygiene. Let's first check out the best EPM tools that offer enough "freemium" features to significantly improve password management and security at your organization. While the options above are useful for Google Workspace users, I think password managers like 1Password do a much better job of managing passwords across organizations.

enterprise password management tools

The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. The most up-to-date version of KeePass uses AES 256-bit encryption and the ChaCha20 cipher as well as a host of plug-ins that provide additional encryption algorithms. 1Password uses AES 256-bit encryption in addition to a few proactive measures for protecting your private information. For instance, phishers cannot add your information to any website you have not already visited. The service also keeps secret information from being saved to clipboards.

Move fast and securely with the password manager trusted by millions.

Of these, Ivanti’s approach is noteworthy in combining passwordless authentication and zero trust. Enterprises using 1Password Business say the MFA features are intuitive, which helps increase their use across their company’s employee base worldwide. Vault and URL encryptions are added factors that lead enterprises to trust 1Password Business over other password management systems. It is considered one of the most intuitively designed password managers that can scale in enterprises today.

Compatible with most operating systems, browsers, and smart devices thanks to various unofficial versions of the tool. Includes premium features and complimentary families plan for all users. Bitwarden conducts regular third-party security audits and is compliant with GDPR, SOC 2, HIPAA, Privacy Shield, and CCPA cloud enterprise password management standards. Bitwarden Send is a feature that allows all users to transmit data directly to others, while maintaining end-to-end encrypted security and limiting exposure. For those who want to do more, secure more, and collaborate more, Bitwarden is fast and easy to set up for both individuals and businesses.

Client Devices, Machines and Browsers

Cloud password management is particularly important for enterprises that have privileged accounts managing cloud-based systems, applications, and development tools. Keeper Security is transforming the way people and organizations around the world secure their passwords, secrets and confidential information. Keeper’s easy-to-use cybersecurity platform is built with zero-trust and zero-knowledge security to protect every user on every device. Trusted by millions of individuals and thousands of organizations, Keeper is the leader for password management, secrets management, privileged access, secure remote access and encrypted messaging. Bitwarden is open-source software that limits exposure and maintains security. It is available in a free version for personal users and is paid for by businesses and workplaces.

enterprise password management tools

Likewise, password data stored in the cloud can be used across all of your devices, but the service is unavailable if you lack Internet access. It is ultimately a matter of personal preference and specific needs. Which team members get access to your password management account and how should information get shared both internally and externally? Some managers make it impossible to share passwords, while others let you delegate access and form groups.

Real-time Notifications, SIEM Integration

We also recognize that some of the best password storage services out there offer their services for a premium. We also paid attention to whether the service offers better value in its higher-priced plans. Keeper is determined to stay “platform-agnostic,” so you should have no problem using its service in whatever browser or OS you prefer. In the end, it fits Keeper’s profile as a versatile password management tool, able to fit the needs of businesses no matter what their size.

This password manager tool is a good option for users who may use multiple logins for the same applications or websites. It offers full autofill capabilities and works with physical security keys. Bitwarden is cross-platform, available for Linux, macOS, Windows, Android and iOS. 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. Every employee is provided a secure, cloud-based digital vault that stores passwords and other critical information, such as encryption keys and digital certificates. Keeper generates strong, random passwords and automatically fills them for users.

Netwrix Password Reset

LastPass is a renowned enterprise password manager that stands out due to its user-friendly approach. It’s designed to simplify password management by offering a clean, easy-to-navigate interface and a host of features that make password generation, storage, and sharing a breeze. One aspect of digital security that’s gaining traction is password management software. These tools help businesses manage, store, and secure passwords, reducing the risk of security breaches and improving overall productivity. An enterprise password management solution simplifies the managing of passwords for different entities and across environments. For instance, managing human and non-human credentials for applications and services.

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