Why Your Business Needs a Password Manager
With data breaches and cyberattacks making daily headlines, cybersecurity has never been more crucial. While most businesses focus on external threats, poor internal security practices pose as significant a risk. One area frequently overlooked is password management, which exposes businesses to considerable cyber threats
The Perils of Poor Password Practices
With so many online services used by businesses daily, it's understandable that no one can remember every password for every service they use.
Recent studies reveal that an average user juggles between 70 to 80 personal and professional passwords. Now consider multiplying that by the number of employees in your business. Daunting, isn't it?
Not only is this overwhelming, but it's also risky. Poor password hygiene, such as reusing the same password across different platforms, can lead to a catastrophic data breach. A compromised password can have a 'domino effect,' putting multiple accounts and your entire business at risk.
The BYOD Conundrum
In today’s flexible working environment, Bring Your Own Device (BYOD) policies are now common. The convenience and cost savings of BYOD introduces a range of security challenges. The key risk is that employee-owned devices may not have the same security controls as company-owned systems. This makes robust password management essential.
Introducing PassPortal: The All-In-One Password Management Solution
Given the importance of secure password management, Think Concepts is thrilled to introduce PassPortal, an enterprise grade password management platform designed for businesses like yours.
Key Features:
Enhanced Password Hygiene: Secure, random password generation made easy.
Centralised Vaults: Store all company and personal credentials securely—no more sticky notes or unprotected Excel sheets.
Granular Access Controls: Customise permissions for an added layer of internal security.
One-Click Login: Enhance operational efficiency without sacrificing security.
What Sets PassPortal Apart?
Password managers store and manage online credentials and can also generate passwords for both online and offline use. PassPortal stands out because it can sync login information across devices, including employee-owned devices. That means you can access the same secure information on your phone, personal computer, and business devices.
Added Benefits:
Convenience: Say goodbye to password resets and locked accounts. Your team can access what they need, securely, whenever they need it.
Culture of Security: Implementing a system like PassPortal sends a strong message about your organisation’s commitment to cybersecurity.
Cost-Effective: At just $5 per user per month, PassPortal offers an affordable way to protect your business from expensive incidents.
To learn more about PassPortal, get in touch with our expert team for a tailor-made solution that fits your needs.