Password manager for small business

Small businesses are three times more likely to be targeted by cybercriminals than large-scale companies.

As a small business owner, you probably already have enough on your plate. Managing people and processes is more than enough; we get it.

Yet, hackers also get that.

Passwords stored in Slack chats and shared notes and no existing password creation policies are the vulnerabilities that hackers exploit. And that is what no small business can afford these days. (Unless you have a spare $1 million or more.)

Why introducing a password manager for small business is essential for your company? What are the tested shortcuts to help your business survive in this challenging cybersecurity landscape?

We have some good news for you.

How does effective password management for small business work?

Minimizing the human error factor

First and foremost, efficient password management for small business starts with employee cybersecurity training. The alarming 90% of data breaches are linked to human error: accidental password disclosure, compromised passwords, becoming a target in social engineering attacks, etc.

If there’s at least a thing you can do to prevent human error-caused data breaches in your company – that would be employee education. Teaching employees good password habits is the first step toward effective password management for small business.

Learning to recognize and avoid scams

Since the pandemic in 2020, various scams, especially in emails, started spreading widely. The Russian invasion of Ukraine in 2022 caused a sudden, large-scale spike in social engineering and other cyber attacks. The cybersecurity landscape has never been calm. Especially now.

Scams are usually constructed to deceive employees. And they do their job just fine.

Examples of such seemingly reliable messages:

‘Please verify a scheduled meeting at Zoom. Click here to confirm.’

‘Suspicious login detected. That wasn’t you? Please click this link to change your password.’

The temptation to click is high. But it comes at a high price for a whole business. This is especially dangerous if workers have not yet received any education regarding cyber threats.

Therefore, introducing a password manager for small business accompanied with cybersecurity training can significantly increase your business immunity to the current cyber threats.

Solving password management mistakes

‘Hey John, can you shoot me an email with the client’s password? I need it now. Thanks’

‘Sure, just a sec.’

And that becomes a green light for a data breach.

When you store or share passwords via emails or chats, you send your sensitive data in a written, readable format. Any password in plain text is low-hanging fruit for hackers.

How can your company minimize the risk of data breaches caused by plaintext password storage and sharing? Solve these costly mistakes by introducing a password manager for small business. Here’s how.

Password manager for small business to solve password management mistakes

Invest your time in proper employee education and provide them with a password manager for small businesses. It is a strategy that pays off instantly and produces a sustainable effect on your small business’ health and reputation.

Such a password manager for small business as PassCamp is designed to provide an easier but incomparably more secure way to manage sensitive data.

A small business password manager stores all data in an encrypted vault. PassCamp does not keep any data in plaintext. Besides, PassCamp can never access or reveal your data (nor do hackers).

A reliable tool also changes insecure data-sharing habits. Your employees can share passwords securely among themselves and with external clients.

Go ahead and schedule a remote employee training session on cybersecurity.

In the meantime, try out PassCamp, a secure password manager for small business, for free today. With no compromise on your security. Without risking your business reliability.

And then, see John replying to his colleague:

“Password via email??? Maybe not. Check your PassCamp account.”

Because that is what cybersecurity education for employees, equipped with the right tools, should mean.