When you log into a secure site, your password manager offers to save your credentials, so it can fill in the information when you return to the site later. Once you or an employee has a password manager app installed and set up, the password manager does much of its job automatically. Many business password managers support authentication via hardware security keys, too. Multi-factor authentication can be biometric, SMS-based, or with time-based one-time passwords generated by an authenticator app. After your employees are in the system, ask them to enable multi-factor authentication for their accounts. Some business password managers include free family plans for employees to encourage proper password hygiene at home. ![]() You need to create a master password for your account, which is used to encrypt the contents of your business’ password vault.Īfter creating the vault, you send out invitations to your employees, asking them to make their accounts. Signing up for a business password manager is similar to signing up for a personal or family account. What Is the Best Password Manager for Business? If you try one and later realize it doesn’t work for your organization, don’t worry, as most services make switching password managers easy. PCMag has tested and analyzed plenty of password managers so you can pick the one that's right for your business, starting with our top choices below, followed by everything you should keep in mind while picking the one that's right for your needs. In that same vein, if you’re looking for all-around good value password management for yourself or your family, check out our roundup of the best password managers. If you have a very small business and don’t want to spend any money, we’ve rounded up the best free password managers in a different article. That is to say, you can see which employees have weak or reused passwords, and who's not using multi-factor authentication to secure their accounts, which allows you to prompt them to improve their password security.Īll the password management software mentioned in this article costs money, even if the base versions are free, which is expected of a product made with businesses in mind. The best password managers for businesses also let administrators keep an eye on employees’ password hygiene. ![]() The password manager stores login credentials for each person and includes a random password generator that helps them create a random strong password for each of their accounts. The best business password manager allows everyone in an organization to spend less time trying to remember strong, unique passwords for all their accounts.
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