Does secure and easy enterprise password sharing exist?
November 18, 2020 / Knowledge

Does secure and easy enterprise password sharing exist?

Your employees know all the rules on how to create strong passwords, are familiar with the dangers of storing them in plaintext and sharing them with colleagues and business partners via chats and emails?

And yet, as the tasks pile up, they catch themselves sending passwords via emails again and again? Because it’s simply faster?

Last year in the UK, 9 out of 10 breaches were caused by human error. This year, such a single mistake can cost $3.86 million and your company’s reputation.

So does secure and easy enterprise password sharing exist?

The common issue with enterprise password sharing

An average employee has 191 passwords. Your single employee does not only need to manage his personal passwords securely but also share them with colleagues and external partners (as business contractors, clients, partners) responsibly.

In the last few years, SSO, or Single Sign-On, became popular in the market as one of the easiest technologies to manage internal enterprise passwords. However, SSO cannot be integrated with external client systems and other resources outside the business. Therefore, by using SSO only, the company does not fully exploit the potential of secure enterprise password sharing.

Integrated internal and external enterprise password sharing fills the gap in the market

As a response to a lack of fully implemented, enterprise-focused password solutions, the integrated, secure, and convenient tools appeared in the market – enterprise password managers.

All the data you store and send in such a password manager as PassCamp is protected with the most advanced cybersecurity technologies – End-to-end encryption, secure authentication, and Zero-knowledge proof.

By incorporating both equally important internal and external data sharing channels, this tool eliminates the majority of risks that are caused by human error and thus protects the company from the financial and public trust loss and after a data breach.

Internal password sharing with a team

First, the enterprise password manager facilitates day-to-day password management tasks for your employees. It automatically saves and fills employees’ passwords, allows them to generate strong ones quickly, and share secure passwords with colleagues in a safe way.

For that, the unique feature of PassCamp password manager – Multi-tier sharing – comes in handy.

Let’s say your IT team starts working with a new client. The client sends a password to one responsible person via a password manager and assigns the permission “ edit/share”. That’s it. Now your team member can simply delegate the client’s password to other responsible people. These people – to other teammates working on this project.

The best part is, no matter how many times you share the password – the owner of the item can always see each change and share made to his item.

External enterprise password sharing

When you need to collaborate with people outside your company, use the same tool to share passwords safely.

Your temporary partners and clients don’t need to pay for a tool to share a password with you – invite them to be a Guest in your team and share the data securely and easily with them.

It’s a win-win. Your clients’ and partners’ data is securely managed when working with you, and you get an unlimited number of guests to securely share passwords with – more chances to build your unrivaled business reputation.

With PassCamp, secure and easy enterprise password sharing exists.

Due to its low learning curve and intuitive design, this enterprise password manager solves the Single Sign-On issues and provides a more convenient and more integrated password sharing with all people related to your business.

Try out PassCamp for free today or schedule a demo with our team.