6 Best Enterprise Password Managers for 2024 Rated

Password managers are security tools that store, manage, and share authorization credentials safely for individual users and groups.
In this article, I evaluate the top password managers and their ability to deliver and support solutions for businesses of all sizes with enterprise capabilities such as centralized management and reporting.
Overall Rating: 4.1/5. 1Password balances user experience and security to provide the top-rated password manager that also wins in the categories for customer support and ease of use, security, and extras and perks.
Users often cite superior user experience compared with other applications because of effective core features such as password sharing, password generation, digital wallets, continuous device sync, wide platform support, and form autofill.
Overall Rating: 3.2/5. NordPass provides strong password authentication capabilities to all tiers of their business licenses, including admin panels for user management, business vaults, unlimited password and note storage, the NordPass Authenticator, MFA access, and 24/7 support.
To ensure the security of login credentials for online accounts, a password manager offers users the ability to securely store and manage them.
Enterprise password managers enable group management, shared secrets, and centralized management, enforcement, and reporting.
Typical password managers support vault access MFA such as biometric authentication, security questions, email, passkeys, USB keys, authenticators, and single-sign-on.
Adoption requires availability, so password managers need to provide users with cross-platform support across a multitude of operating systems, browsers, and platforms.
Enterprise password managers enable group and folder sharing between groups or classes of users such as departments, levels, and roles.
Enterprise password managers need to connect to other systems to enable fast responses.
An enterprise solution will incorporate a password generator that allows users to create strong, unique passwords for each account longer and more complex than the typical user could memorize.
Password managers can share passwords safely, enforce password policy, and provide centralized reporting and management for administrators.
All password managers need to deliver fundamental password management features, therefore I weighted this the heaviest.
Core password management features: The subcriteria considered for this category include fundamental password management features, recovery options, MFA vault access support, digital wallets, and support for various OS and browsers.
An enterprise password manager secures corporate passwords, login credentials, shared credit card numbers, and other shared secrets.
All companies should use a password manager to protect against breached, weak, and reused passwords.
Password managers improve security but remain vulnerable to the same problems as all security tools: weak master passwords, software vulnerabilities, user avoidance, and credentials theft by malware infestations on local devices.
These issues can be countered by integrating password managers into a security stack that detects and counters them.
Every user who starts using a password manager increases the ability to manage more complex and more frequently changed passwords.


This Cyber News was published on www.esecurityplanet.com. Publication date: Wed, 13 Mar 2024 21:13:05 +0000


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