Data and password privacy: what should your company know?

We, internet users, are constantly tracked online. Our data – browsing patterns, personal interests, and, especially, sensitive data (such as login credentials, entrance codes, access to systems) – have become a valuable commodity.

For instance, the data about our interests and actions online is now successfully used in highly converting personalized ads. (We recommend watching a documentary film The Social Dilemma, accurately depicting this case.)

Likewise, the exposed data (such as leaked emails, usernames, and passwords) is often sold on the dark web. The offering for a single domain access credential can reach as much as US$12,000.

Why does enterprise data and password privacy matter?

The global problem regarding data privacy has been on the radar for quite some time now. As a response, some privacy-focused solutions as Duckduckgo and Firefox browser were released (a private search engine, internet browser, and tracker blocker).

And yet, although regular individual internet users tend to deny these sensitive data and password privacy problems by saying“ I have nothing to hide” ( this topic demands a separate discussion), companies, corporations,  and organizations do not have the choice to deny.

Because they do have what to hide. And there’s too much to lose.

For your company

Last year, 86% of data breaches were financially motivated. An average cost of a data breach – USD 3.86 million. Human error, plaintext passwords, accepting data policies without reading them – these are the mistakes that can unwillingly lead you to a costly data leak.

Therefore, it’s compulsory to ensure that nobody – any intruder, third party, or unauthorized party – can access the internal company information.

For your clients

According to a Pew Research Center study, 79% of people are very or somewhat concerned about how companies use the collected data about them. That’s almost 8 out of 10 of your business clients, partners, and contractors that feel this way.

Your goal here is to ensure their data stays safe with you so that you have their absolute trust. Easier said than done?

Luckily, that’s where data and password privacy-oriented solutions come in.

PassCamp – the leading password privacy company

PassCamp is a leading privacy-oriented password manager with a sharp focus on users’ privacy. Each item uploaded to the password manager – a password, access code, login credentials, secret notes, etc. – is only revealed to its owner. That means, nobody, not even the creators of PassCamp, can see data that you upload and store in your account.

Your account along with your data belongs to you and only you.

Password privacy -oriented technology

With such advanced features as Zero-knowledge proof and End-to-end encryption, the data you store inside the PassCamp account cannot be decrypted, revealed, or accessed by unauthorized users.

Your data is your possession – so as it should be.

Meeting company privacy policy

To improve your business data management and password privacy, choose an enterprise password manager, and enjoy all the benefits of a privacy-focused tool.

However, if your business privacy policy strictly indicates data storage and management rules, select a self-hosted solution. Hosted on your physical server or a private cloud and experience total data privacy inside your company.

With PassCamp, thousands of teams around the world have already improved their password management habits and significantly contributed to protecting sensitive data in their companies. Your company can be the next one.

Try out PassCamp now or contact us to schedule a demo. With the tool’s low learning curve and intuitive design, start protecting your data and password privacy today.