As your business adapts to a work-from-anywhere culture and evolving cyber threats, you need a password management solution. Why?
Because password mismanagement remains a leading cause of data breaches while employees struggle to follow password best practices (let alone remember their passwords). Credentials accounted for more than half of data compromised in breaches, and 85% of breaches involve a human element such as phishing, stolen credentials, or human error, according to the 2021 Verizon DBIR. With 15 billion stolen logins circulating on the dark web, IT must ensure employees' credentials remain secure, especially when 66% of people use the same password for their accounts. It's not a matter of if but when an employee credential is compromised, and the impact on your business can be devastating.
In our new buyer's guide to password management, Finding a Password Management Solution for your Business, we explain what a password manager is, the benefits it will bring to your organization, and how to go about evaluating and comparing password manager solutions.
Business password managers help users store, organize, and use their credentials. Through central IT management features, your business can uncover risky password behaviors and protect against data breaches. For employees, a password manager saves time, streamlines workflow, improves compliance with company password policies.
But password manager features can vary widely among different solutions. Our buyer's guide helps you identify the password management features that best fit your organization's unique needs. Armed with this information, you can better compare solutions and select the one best suited to the cybersecurity challenges you face.
In our guide, we explore:
- What a password manager is
- Why your business needs a solution
- A comprehensive set of criteria for evaluating solutions
- Best practices for implementing a password manager
- Common password-related challenges and how a password manager solves them
- Complementing a password manager with single sign-on (SSO) and multi-factor authentication (MFA)
