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Best Business Password Managers In 2021

It allows users to create strong passwords, privately share them across company’s teams, and quickly log in to the work-related applications. Securden is another name you may not have heard of, but it has a few different solutions for business account security, including their password manager for enterprises. Securden’s password manager has a long list of features including a robust array of admin tools like the typical group-based management and reporting, but it extends beyond that.

company password management

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Why Is Centralized Password Management Important For Enterprises?

The dashboard is very modern and easy to use, allowing you to keep track of all users in the system and monitor login information. Dashlane provides a Password Health metric, highlighting accounts with weaker passwords so that you can make changes as quickly as possible. You can monitor individual accounts or create groups for your employees. Norton makes it possible to mix and match coverage, choosing only the plan that is best for you. The advanced premium options do make it clear just how basic the password manager is. We also looked for password managers with a good set of features in their free plans.

However, these issues probably won’t be a big problem for most business users. 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. Dashlane Business includes all of the features listed above, including the SAML-based SSO options . But many of the brands I tried were offering little value for outrageous prices. The password managers I ultimately selected for this list offer a wide range of features and are reasonably priced. And all of them provide free trials, so you can personally make sure they will work for you before you commit. However, I did find 10 password managers that offer a good range of features for businesses of all sizes.

We didn’t take price into account when creating our list, because in many cases, you’ll pay on a per-user basis and can scale up or down at any time. Bitwarden offers the easiest and safest way for teams and individuals to store and share sensitive data from any device. RoboForm celebrated its 20th anniversary in 2020, making it practically a senior citizen compared to some of its competitors. The free version supports unlimited logins and has clients for Windows, MacOS, Android, and iOS, as well as all major browsers. This version stores its credentials database locally, which means you’re responsible for backing up that data and syncing it manually between devices. Password managers that sync the saved password database to the cloud use end-to-end encryption. The data is encrypted before it leaves your device, and it stays encrypted as it’s transferred to the remote server.

How I Rated The Best Password Managers For Business In 2021

The open-source Bitwarden’s free tier handles all expected password manager tasks with surprisingly few limitations. Its paid tier adds security, storage, and sharing tools, all at an extremely low price for the category. The excellent LastPass Premium matches the capabilities of other top paid password managers and is easy to use. Platform syncing limitations for the free version make it significantly less useful than it was.

  • Strong password management tools are essential to mitigate these risks for both small and medium enterprises.
  • Our chosen password managers give the possibility to quickly adjust resources according to your business needs.
  • The majority of cyber attacks and big business data leaks happen due to weak and unprotected passwords.
  • Support has been beyond exceptional even with them being overseas which was a huge concern for us.

There are a few rules of thumb to note when creating a password that cannot be overlooked. 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. In general, the size of your business will determine the size and scope that your password manager will need to cover — and that will determine the cost.

Ii How We Chose The Best Enterprise Password Manager

NordPass makes it easy to import and store your passwords securely, but it’s expensive and the free version has significant syncing limitations. To keep your corporate passwords safe, you can’t just store them in a protected password vault and application password management hide the key. You also need to manage role-based access provided by those passwords and keep that access up to date. Hackers use password cracking techniques, brute-force attacks, and social engineering trickery to steal enterprise passwords.

The Business Password Manager plans give each staff member a private vault to manage their passwords, and the ability to share encrypted folders across users or teams. LastPass is one of the market leaders when it comes to password management, and justifiably so. Thanks to several business-specific features, a top-quality security framework, and an intuitive and easy-to-use interface, LastPass is an excellent choice for business password management.

Easy Deployment And Scim Provisioning

Keeper maps your corporate structure using hierarchical organizational units and delegated administration. As mentioned earlier, you also won’t find any only-free password managers here. The password managers that offer both excellent paid and free tiers appear in both roundups. Most of the top-rated products include a web form-filling component.

This innovative feature enables administrators to share with an employee only the passwords they require to fulfill their role. If an employee needs access to a specific credential, they can request access from the administrator. With this system in place, businesses are less exposed to security risks, as each password is only given to essential personnel. Sticky Password is another worthy consideration for the best business password management software. We like its unique pricing model and innovative roles-based sharing.

Bitwarden Plans And Pricing

Dashlane works on all major operating systems, including Mac, Windows, and Linux devices, as well as smartphones and mobile devices. If you’re cloud-phobic and you insist on open source software, this is your option. KeePass runs on every desktop and mobile platform, including most Linux distros, and it’s free . Files are stored locally, and you’ll want to master its arcane keyboard shortcuts to fill in passwords automatically.

This lack of password management and best password security practices puts the group at a higher risk for credential stuffing. “Having a different password on each system has long been the suggested solution by security experts.

company password management

Standard Edition – If your requirement is to have a secure, password repository to store your passwords and selectively share them among enterprise users, Standard Edition would be ideal. We chose Bitwarden as the best free option because it beats out even LastPass’s free plan by offering all of the same features plus unlimited devices and sharing. LastPass was created in 2008 by four developers tired of having to encrypt and decrypt their password document every time they updated it. By the time it was bought by SaaS company LogMeIn in 2015, it had grown to seven million users supported by just 30 employees. Weak, stolen, or reused employee passwords are the #1 cause of breaches. Keeper protects your organization against ransomware attacks using robust administration, controls and visibility over strong password security and real-time dark web monitoring. Keeper can be deployed at enterprise scale with advanced features including automated user provisioning, Active Directory sync, Single Sign-On (SAML 2.0) authentication, SCIM and developer APIs.

Boosting Business Password Management: Go Passwordless

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. Built on a zero-knowledge security architecture, password encryption and decryption occurs only on the client’s device.

LastPass announces integration with Google Workspace – SecurityBrief Australia

LastPass announces integration with Google Workspace.

Posted: Mon, 13 Dec 2021 00:43:00 GMT [source]

Before signing up with a password provider, make sure the service provider has a protocol in place for losing a master password. 1Password is a great choice for businesses with more than just passwords in need of security. NordPass’s freeware leaves a lot to be desired, but we believe the premium version is worth strong consideration for small businesses.

Most of the password managers we reviewed cost around $3 per month for a personal plan and around $5 for a family plan that allows multiple users to share passwords and data. Many offer annual pricing models with the lowest at $10 per year and the highest at $179.99. Keeper Enterprise has a single sign-on (SAML 2.0) authentication, automated team management, and advanced two-factor authentication. Both plans also include an admin console, role-based access, version control and record history, and secure file storage. Bitwarden’s Premium plan costs only $10 for one year and includes 1GB of encrypted file storage, additional authentication options, password generator, and advanced support.

So if you or an employee ever lose access to your account, you can restore access and recover essential data. Advanced administrator controls also make RoboForm ideal for organizations. Rounding everything off is the fact that customer support is excellent, with quality chat support and some sterling video and help articles. Downsides include that the identity information you can specify for auto-form-filling duties is limited, and if you go for some of the add-ons – like BreachWatch – these can get quite expensive. Otherwise, pricing is reasonably competitive for the business plans. CyberArk’s pricing is quote-based, and as they offer a wide range of different tools, you’ll need to contact CyberArk’s sales teams to find out how much it will cost your business to use their services.

Where Does My Data Get Stored?

Bigger organizations will need to contact 1Password to find out about Enterprise tier pricing. It includes all the benefits of the Teams and Business tiers while providing businesses with tailor-made setup training, an onboard engineer and a dedicated account manager.

company password management

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