Small businesses are the target of most cyber-attacks due to lack of security protocols. In 2019, an estimated 80 percent of all confirmed data breaches occurred due to weak, stolen, or default passwords.
A password manager is a security tool.
A password manager is a centralized system that helps organizations store and manage logins and passwords that are critical to their business. The credentials entered into the password manager is stored with the highest form of encryption (military grade) to ensure top level security.
Yes, they are safe to use for business.
Yes! Top tier password managers are completely safe and can be trusted to protect your organization’s account logins. The best quality services make sure that your passwords are encrypted with AES-256 algorithm, which is U.S government approved.
And No, don’t worry – the folks working behind these password managers DO NOT have access to your credentials, it is encrypted on both ends.
All great password managers must have these top features.
An enterprise-grade password manager must be able to do the following, securely:
Offer Secure Password Storage
Passwords are encrypted with AES-256 algorithm, U.S government approved.
Provide Centralized Control
Store and organize all of your secured identities in an ultra-secure web interface
Enable Secure Password Sharing
Share passwords securely while maintaining the security of critical corporate data
Access from Anywhere
Access to the web interface must be available from any wifi-enabled device
3 reasons why a password manager is a must-have:
To Control Access to Your Critical Data
SMB struggle to manage password vulnerabilities meanwhile password reuse, and password sharing is on the rise.
To Make up for the Lack of Password Management Training
Most SMBs do not offer their employees password management training for the workplace.
To Reduce the Risk of Human Error
According to recent TechRadar reports, 90% of data breaches are caused by human error.
We have the right solution, meet Password Vault.
ExchangeDefender Password Vault helps organizations securely manage logins and passwords. Password Vault makes generating, storing, and sharing passwords easy and safe.
Top Benefits include:
Eliminating Password Fatigue
Eliminates the need to memorize multiple passwords by deploying a password manager for secure storage.
Centralized Web Access
The password management dashboard is available anytime, anywhere with a WIFI-enabled device.
Control access to admin passwords, securely share passwords with your team on a need-basis.
Managed by IT Experts
Password Vault is managed by ExchangeDefender, a cyber security firm with 20 years of active IT experience.
>> See full features
Every password used for your business is an entry way for a cyber-attack. A secure password management system makes it easy to secure all of your credentials in one powerful online interface. ExchangeDefender’s Password Vault offers small organizations an affordable smart password storage system, the ability to share passwords securely with co-workers, and so much more!
You can setup a password vault, company-wide in just minutes.
It’s my pleasure to introduce you to the most significant expansion of ExchangeDefender Security services in years: ExchangeDefender Password Vault. We have designed a user-friendly product that delivers military grade encryption, provides a layered authentication model, and ties into your business process for sharing and auditing – completely free for all ExchangeDefender Pro clients.
As explained in an earlier post the task of securing a business or any other organization is getting more complex with a new variety of hack attempts as well as an increasing demand from regulatory compliance standards that touch virtually every business in the world. It is no wonder that overwhelmed workers typically use the same password, that they rarely change it, and that storage of those passwords is negligent for the sole reason that “it works” and doesn’t create additional complexity. Unfortunately, that convenience leads to security compromises.
At ExchangeDefender, our mission is to keep you secure, and we’ve taken every advantage we get with Wrkoo to bring you a password solution that not only keeps you secure but helps you work better, smarter, and more efficiently. And, yes, we’ve made it free. You can expect to pay $50/user/year for consumer level protection and well over $100/user/year for business level password management – and we’ve made it free for a very simple reason. If you get compromised and hacked because Excel/SharePoint/Word “works”, your odds of staying in business are virtually zero (and our revenues depend on you staying in business). So yes, we’re highly motivated to keep you secure.
Getting started with ExchangeDefender and Password Vault is super simple: Login to https://admin.exchangedefender.com as you usually do to manage your SPAM and click on Quick Launch > Password Vault.
From there you will be redirected to your organization’s Wrkoo portal. The first step will be to create a master password to protect the vault and encrypt the keys needed to unlock your passwords. Literally everything is encrypted, end-to-end, so you’ll want to pick something you can remember. Just don’t write it down on a post it.
Wrkoo and ExchangeDefender already provide enterprise-grade one time password / multi factor authentication but if you really want to lock things down there is a second level of authentication that can be enabled – turning either your cell phone or email address into an additional authentication device.
Congratulations, it took five (5) clicks for you to take advantage of an enterprise password management solution with military grade encryption that nobody but you can get into. Here is what it looks like live:
This is the initial release and it allows you to create new passwords and perform usual maintenance and audit steps, but we’ve made certain to start implementing business intelligence immediately. You will know when the password was created, and when it was updated. The system will also let you know when the password should expire – so you can handle password resets and updates on important sites at your own schedule and pace – not when you really need to get into your checking account or loyalty card or reservation that forces you through the dreaded password reset process.
We’re busy at work with additional business features such as sharing, team lock boxes, audits, dark web searches, and tons of other functions. But what we have available right now – for free – is so important and so powerful that I am ending this blog post right now and begging you to go get enrolled and started with Password Vault right now. Let’s go to https://admin.exchangedefender.com