A password manager is a software application that helps users store, organize, and secure their passwords and other sensitive information
It encrypts and stores all the user’s passwords in a single, secure location, and can automatically fill in login forms and passwords to make it easier for the user to access their accounts. Some password managers also include additional security features such as password generation, two-factor authentication, and security alerts. Additionally, some password managers allow sharing passwords with other users in a secure way.
Whether your business needs a password manager depends on your business’s specific needs and security concerns. The main advantage of using a password manager is that it eliminates the need for users to remember multiple complex passwords and reduces the risk of password reuse and security breaches. Here are a few reasons why a business might consider using a password manager:
- Your employees have a lot of accounts: If your employees have many online accounts, it can be difficult for them to remember all of their passwords. A password manager can securely store all of their login information so they only have to remember one master password.
- Your employees use weak or easily guessable passwords: If your employees use simple or easily guessable passwords, your business is at a higher risk of having its accounts hacked. A password manager can generate strong, unique passwords for employees and store them securely.
- Your employees use the same password for multiple accounts: Reusing the same password for multiple accounts increases your risk of security breaches. A password manager can help your employees create unique passwords for each account.
- Your Business needs to share passwords securely with others: Some password managers allow you to share passwords with others in a secure way, which can be useful for businesses and teams.
If any of the above reasons apply to your business, it may be worth considering using a password manager. However, it’s important to carefully evaluate the features and security of any password manager you’re considering and make sure it meets your specific business needs. There are a lot of password managers to choose from. There’s a password manager built into every major web browser today, and many stand-alone password managers that work across browsers.
Selecting the right password manager for your business can be a difficult task, as there are many options available, and each one has its own set of features and security protocols. Some factors to consider include security, team management, sharing and collaboration, auditing and reporting, integration with other tools, availability of support, and cost. In this article, we’re going to review the seven best password managers for businesses. Hopefully, this will guide you in the process of choosing the right one for your organization.
The best Password Managers for Business
1. Keeper
Keeper Security is an award-winning security software company that provides password management, secrets management, connection management, dark web monitoring, digital file storage, encrypted messaging, and more. Keeper is available as a mobile app for Android and iOS, as well as a desktop application for Windows, Linux, and macOS, It also offers a desktop browser extension for Safari, Chrome, Firefox, Edge, Internet Explorer, Opera, and Brave. Keeper utilizes a zero-knowledge and zero-trust security architecture, where encryption of user passwords and other data is performed locally on the user’s device.
Some key features and capabilities of Keeper include:
- Military-grade encryption: Keeper uses AES-256 encryption to protect users’ information, keeping it safe from hackers and other cyber threats.
- Built-in password generator: This helps users create strong, unique passwords for each of their accounts, making it harder for hackers to gain access.
- Cross-platform support: Keeper can be used on a variety of devices and platforms, including Windows, Mac, iOS, Android, and web browsers.
- Automatic password capture: Automatically captures login credentials as the user types them into websites and apps, eliminating the need to manually save them.
- Secure password sharing: Allows users to share passwords and other sensitive information with others in a secure way, with the option of setting an expiration date for the shared password.
- Digital vault: Provides a secure and convenient place to store sensitive information such as credit card numbers, ID numbers, and other personal data.
- Self-destruct mode: Allows users to remotely delete all the data from their account after a certain number of failed login attempts.
- Reports and alerts: Provides real-time alerts for suspicious activity and offers detailed reporting on user activity, password strength, and compliance with company policies.
Keeper password manager uses a freemium pricing model for individual consumers and a subscription-based model for businesses. The businesses edition offers the same features as the consumer edition, plus additional features that are specific to organizations, including multi-tenant password management, user provisioning, auditing, reporting, Active Directory integration, and delegated administration, all of which are accessed through a centralized administration console. A 14-day trial of Keeper Business is available on request.
2. LastPass
LastPass is a password manager that helps users securely store and manage their passwords and other sensitive information. It uses AES-256 bit encryption to protect users’ data and allows for easy access to their passwords through a browser extension or mobile app. It offers both personal and business editions.
LastPass is a feature-rich password manager that offers a wide range of functionalities to help users manage and secure their online accounts. It includes features such as password generation, password sharing, and two-factor authentication to help users improve their online security.
Other features and functionalities include:
- Password storage: LastPass allows users to store all of their passwords in a secure, encrypted vault. Users can access their passwords through a browser extension or mobile app.
- Automatic login: LastPass can automatically log users into their accounts, eliminating the need to manually enter their passwords.
- Security alerts: LastPass can notify users if it detects that one of their accounts has been compromised.
- Form filling: LastPass can automatically fill in forms with users’ personal information, such as their name, address, and credit card details, to save time and reduce the risk of errors.
- Secure notes: Users can store sensitive information, such as bank account details, insurance policies, etc. in secure notes
- Portable access: Users can access their LastPass vault using a portable version of the software, which can be installed on a USB drive.
- Emergency Access: Users can set up emergency access to allow a trusted person to access their vault in case they become unable to.
LastPass is generally considered to be a secure and reliable password manager, but like any other software, it is not without security incidents. LastPass can’t protect users from phishing or social engineering attacks, so it’s important to be vigilant and aware of those kinds of threats. LastPass offers different licensing and pricing options, including free and premium options, to meet the needs of different users. A Free 30-day trial of LastPass Premium (Business edition) is available on request. It’s worth noting that the free version of LastPass can be used for personal use and is completely functional, but the paid version offers additional features and functionalities that may be useful for users who have more complex password management needs.
3. 1Password
1Password is a password management tool developed by AgileBits that helps users securely generate, store, and manage their passwords and other sensitive information. It uses advanced encryption techniques to protect data and can be accessed on multiple devices. 1Password supports multiple platforms such as iOS, Android, Windows, Linux, and macOS. It is available as a standalone application and as a browser extension.
1Password is available for personal and business use under the name 1Password Personal and 1Password Business. 1Password for Business is a version of 1Password designed for use by teams and organizations. It allows administrators to manage and secure the passwords and other sensitive information of multiple users and devices. Features include the ability to set and enforce security policies, monitor account activity, and revoke access for individual users. It also includes team password sharing and permissions, two-factor authentication, biometric login options, and integrations with popular enterprise apps and services, such as G Suite, Microsoft Azure AD, and Okta.
1Password offers several licensing and pricing options for both personal and business use, based on a subscription-based pricing model. A free 14-day trial of 1Password Personal and 1Password Business is available on request.
4. Dashlane
Dashlane is a subscription-based password manager and digital wallet application that allows users to securely store and manage their passwords and other sensitive information. Dashlane is available on macOS, Windows, iOS, and Android. It is also available as a standalone application and as a browser extension. Dashlane can automatically log users into websites and fill in forms, generate strong passwords, and alert users to potential security breaches. Dashlane also includes features such as access control, 2FA, and VPN, and allows users to share passwords with others, and the ability to access passwords from multiple devices.
Dashlane comes in the Personal and Business edition. Dashlane Personal is designed for individuals who want to secure and optimize their online lives. Dashlane Business is designed for use by teams and organizations. It offers centralized password management which allows administrators to manage and secure the passwords and other sensitive information of multiple users and devices, and also provides a feature of SSO (Single Sign-On) for enterprise apps and services. Features include the ability to set and enforce security policies, monitor account activity, and revoke access for individual users. It also includes team password sharing and permissions, and integrations with popular enterprise apps and services, such as G Suite, Microsoft Azure AD, and Okta.
Like any software, it is not immune to security incidents. Dashlane has experienced a few security incidents in the past, but it promptly took action to fix the problem and protect the user’s data. Dashlane Business offers a subscription-based licensing and pricing model, with different plans tailored to the specific needs of businesses of different sizes:
- Starter: Secure up to 10 users with Dashlane’s core features.
- Team: Secure your team or organization at scale. A free trial is available on request.
- Business: Protect your entire organization with an advanced solution. A free trial is available on request.
5. Bitwarden
Bitwarden is a password manager and password generator that helps users securely store and manage their login credentials and other sensitive information. Bitwarden offers a free cloud-hosted service as well as the ability to self-host. The platform offers a variety of client applications including a web interface, desktop applications, browser extensions, mobile apps, and a command-line interface. Desktop applications are available for Windows, macOS, and Linux, Browser extensions include those for Chrome, Firefox, Safari, Edge, Opera, and more. Mobile apps for Android, iPhone, and iPad are available.
It offers a range of features such as MFA, password sharing, and password generator, as well as syncing across multiple devices. Other features include:
- Secure notes: Allows users to securely store and organize other sensitive information such as credit card numbers and social security numbers.
- Secure browser extension: Bitwarden also offers a browser extension that can automatically fill in login credentials when the user visits a website, and can also generate and store new passwords.
- Self-hosting and open-source: Bitwarden also offers a self-hosting solution, which is open-source, for enterprise-level security.
- Integration: Integrate Bitwarden with your existing enterprise environments such as SSO and directory services.
- Reports: Bitwarden also provides real-time and historical reports on login activities, shared items, and password strength.
The software is available in both personal and business versions, with the business version offering advanced features such as enterprise policies, SSO integration, advanced two-factor authentication options, and enterprise-level security features. A 7-day free trial of the business edition is available on request.
6. ManageEngine Password Manager Pro
ManageEngine Password Manager Pro is a secure vault for storing and managing shared sensitive information such as passwords, documents, digital identities of enterprises, and other confidential data. Password Manager Pro fully encrypts and consolidates all your privileged accounts in one centralized vault, reinforced with granular access controls.
Password Manager Pro is available as a web-based application that can be accessed from any device with a web browser. It is compatible with the following platforms: Windows, Linux, Mac, and Mobile Devices (iOS and Android). It also supports integration with the following platforms and applications: Active Directory, Google Apps, Office 365, Exchange, Skype for Business, Salesforce, and AWS. Azure.
It features multi-factor authentication, password policy enforcement, and automatic password rotation, among other security measures. It also has an integrated self-service portal for password reset and account unlock, as well as an API for programmatic access to the password vault. It can be integrated with other ManageEngine products, such as Active Directory and Privileged Access Management for an end-to-end solution. A free trial is available for download for personal and business users and MSPs.
7. NordPass
NordPass is a password manager developed and maintained by the cybersecurity company NordVPN, launched in 2019. This makes NordPass a relatively new player in the password manager market. NordVPN allows users to securely store and manage their login credentials and personal information, and can automatically fill in forms and login fields on websites. NordPass is available on Windows, macOS, Linux, Android, and iOS. It also offers browser extensions for Google Chrome, Mozilla Firefox, Microsoft Edge, Brave, Opera, and Safari.
NordPass comes in two editions: personal and Business. NordPass Business is designed for companies and organizations. NordPass for business provides a centralized admin panel for administrators to control employee access and permissions, and generates reports on employee activity. Additionally, it provides for password policies, shared folders, and password inheritance. It also includes a feature called “Team Management” which allows the administrator to add and remove employees, assign roles, and manage permissions. It supports two-factor authentication, Single Sign-On (SSO), and multi-device synchronization across all platforms and devices. A 30-day free trial is available on request.
