Enterprise password vault software to reduce human error
September 16, 2020 / Knowledge

Enterprise password vault software to reduce human error

An average employee has 191 passwords.

Last year in the UK, 9 out of 10 data breaches happened because of the mistakes employees made – reusing weak passwords, insecure sharing, etc. An average cost of such a mistake – 3.86 million U.S. dollars.

And yet, the root problem is anything but the negligence. It’s simply unrealistic to expect employees to remember 191 complex passwords. Naturally, they start reusing a few weak (albeit, easy to remember) ones. Likewise, it’s as unrealistic to expect that hackers won’t use these shortcuts to their advantage. Because that’s exactly what they do.

That’s why providing a highly secure and easy-to-use enterprise password vault software to your employees on time can significantly reduce their chances of making a mistake, thus preventing your company from experiencing a costly cyber attack.

How enterprise password vault software contributes to reducing human error?

Advanced protection

With an enterprise password vault software, your employees don’t need to remember all 191 passwords – the tool stores the passwords securely for them. Each item in a password manager is encrypted and authenticated – this ensures only authorized people can access sensitive data.

All each user needs to remember is just a single password, the Master Password, to access all their data under secure protection.

Easier to have strong passwords

Provide your employees with a way to overcome their habit of reusing weak passwords. An enterprise password vault software comes with a built-in strong password generator. It takes just a few clicks to have a truly secure password, that’s less prone to a data breach.

Easier and more efficient collaboration

Don’t risk another day letting your employees share passwords via emails and chats. The password vault technology is created to send information securely so that only owners and intended people can access it.

Many companies around the globe consider this an extremely important feature for building a business reputation. With a reliable tool, all the information you share with business partners, contractors, and clients is instantly protected – their data stays safe in your secure environment set up for and strictly controlled by your company.

Data and human resource control

In a high-level enterprise password vault software, every item (passwords, notes, access credentials, PIN codes, etc.) are automatically tracked. That is, the owner can always see who has access to his data and is always notified about each new share and edit.

This feature is especially important when employees leave the company – all the data they had access to can be revoked with just a few clicks.

With PassCamp, solutions are tailored to your needs

Usually, the biggest struggle for companies is to find an enterprise password vault software that would not only have all the aforementioned features but would also comply with their internal data management policy.

Luckily, with PassCamp – an enterprise password manager provider – all of that is taken care of for you. Depending on your business needs, you can select a cloud-based password vault, an on-premise (self-hosted) solution, or have a vault directly integrated to your internal enterprise infrastructure.

With thousands of teams successfully using the tool, PassCamp is here to provide you the most suitable solution to your company’s needs.

Partner up with PassCamp and improve your business security today.