An increasingly large part of our personal and business lives is transformed by technology. Even though this inter-connectivity brings countless improvements to the way we interact with the world, there are quite a few risks that have to be considered too.
One of the main dangers we face in this world is the record-breaking number of hacks, leaks and other threats to our data. Data has become the new currency, as it was estimated that an average data breach can cost a business up to $3.86 million. As such, most companies (and individuals) are finally adopting preventive measures against such threats. This is shown by the exploding market for cyber security tools and services. This includes solutions for both personal and company use.
One such solution that is facing an ever-increasing demand is password manager. And no wonder – there are many researches confirming the fact, that employee is the weakest link in company security. So in the future we will see demand for password managers only increasing. Whether it’s a SAAS password manager for small business or teams, a light-weight cloud-based password manager for individuals or an on-premise enterprise password management appliance. That is because passwords are an outdated concept for securing our systems, but so far there are simply no valid alternatives. And password managers fix this problem by actually securing our most sensitive data. Of course, requirements differ for every tool, but at the end of the day all of them serve the same purpose – protect our sensitive business and personal data.
Now developing such a solution on your own is a task not to be taken lightly. Take it from us – when we first started working on PassCamp we thought that this will be a month-long side project for some of our developers. Yet here we are, three years later, with a standalone system secured by the most advanced technologies. We’re not even going to get into the subject of resources invested in an easy to use interface and user experience. Or how long it took to create a secure, yet efficient architecture for secure password sharing. To put it in simple terms, when you’re working with security there isn’t space for compromises. And more importantly, you don’t have to go through all this, as there are ways to jump-start you idea.
White Label Password Manager
You might have heard this term, but you’re not sure where. The term white label was first adapted in the music industry, when vinyls in white sleeves would be sent to DJs in order to popularize and create hype for the records before they were launched and manufactured in mass quantities. Today white label products include everything from electronics, groceries, to software solutions. Basically, it means that a company or agency buys or leases a technology without a brand, slaps their new brand name on it and markets the product as their own. This saves them from the trouble of going through the product development stage and possibly missing out on the just-right timing.
Of course, white label password manager is just one way to form a technology partnership. There are always options to bundle the technology as a part of a bigger deal, add it to a portfolio of complementing products or even integrate it with your own systems. This is the part where your entrepreneurial superpower comes into play. If you can think of an idea how to leverage this opportunity, we are always open for a constructive discussion. We want you to be a part of our success! And we’re extremely flexible and adjustable in the ways we can achieve this together.