Enterprise password storage: prevention against cyber attacks
January 27, 2021 / Knowledge

Enterprise password storage: prevention against cyber attacks

Your employees still use good old excel sheets to store their passwords?

Your business partners have started questioning the safety of password sharing via emails?

When an employee leaves the company, you simply trust him for not trying to access your business accounts?

In times of economic instability and serious data breaches hitting the headlines frequently, you want to make sure your company is protected from mistakes that can cost your brand reputation. And for that, reliable enterprise password storage becomes a must.

Most of the breaches in 2020 could have been prevented

Last year was a challenge for all sorts of businesses. And yet, the number of cyberattacks targeted directly to the weak spots in the companies is only increasing.

When analyzing the causes of last year’s data breaches, it appears that most of them could have been easily prevented. Usually, the causes included human mistakes, insecure data sharing practices, and irresponsible data storage.

Luckily, these can be easily forestalled.

Secure enterprise password storage – among the best data breach prevention methods

Weak passwords are the focus area for hackers. In fact, 80% of data breaches are caused or affected by this. That’s why ensuring secure enterprise password storage significantly reduces your chances of experiencing a cyberattack.

How?

All the data you store in a password manager (or vault) is encrypted. The other advanced cybersecurity technologies – as Secure Authentication and Zero-Knowledge Proof – ensure that sensitive data is accessible only to its owner. This instantly eliminates hackers from accessing the data that belongs to you.

A finally safe alternative to group-shared Excel sheets

One thing for sure, Excel sheets are can be accessed by too many people in the company.

Another thing ever worse, the data in Excel sheets are stored in plaintext – and that is a gift for hackers.

Professional enterprise password storage solves these problems too.

Time-saving admin dashboard

In a reliable enterprise password storage tool, the admin dashboard allows managing permissions quickly, easily, conveniently. You can share a password with an employee letting him see it only, or you can use another time-saving feature, the Multi-tier sharing, and share a password with permission to edit and re-share.

Notifications about password shares and changes

If anyone modifies your password, you are the one getting notified about it. With centralized blockchain-powered technology, you can see every item’s history long, including when that item was shared, with whom and if it was updated – what were the changes and who made them.

Plus, when an employee leaves a company, it’s very easy to un-share passwords he had access to since you see all passwords that were shared with him.

Secure sharing with external business resources

Remember the clients who started asking questions “ So is it really safe to share my pass via email?”

It’s not.

Enterprise password storage in PassCamp comes equipped with the Guest password sharing feature – it allows you to share passwords with your clients, business partners and contractors safely without paying any extra for them.

PassCamp offers intuitive enterprise password storage

Using reliable enterprise password storage, it becomes easy to protect your company from password-related breaches.

PassCamp – an enterprise password manager – is the tool that can help you. This tool, acknowledged for its innovative cybersecurity technologies, has all the features mentioned above and is therefore ready to meet your company’s needs.

Whether it is the integration to your infrastructure that you’re looking for, a cloud-based, or an on-premise solution – PassCamp’s dedicated team will do their best to tailor the solution to your custom requirements.

Let’s have a productive conversation today so you can meet the upcoming year finally protected.