This further increases the security of that credential.Ī credential manager like Lastpass Business is essential for all companies. Additionally, enterprise single-sign-on systems often include multi-factor capabilities. Then, they gain access to the LastPass database of passwords. With Lastpass Business, users only need to know their own corporate single-sign-on credentials. Over the years as cyber-hackers have become more intelligent, password complexity has also had to evolve. Once a hacker has identified the password, they have access to multiple applications.
Hence why so many users typically default to reusing the same password.
Having so many passwords to remember for so many websites and applications can be a challenge. Lastpass Business allows for secure password sharing in a convenient way.ĭirectory & Single Sign-On (SSO) Integration This can lead to passwords being intercepted through the network or inspected by staff with elevated privileges. Sending passwords in plain text via email or even via instant messaging apps is bad practice. With LastPass, businesses can securely share passwords with other employees or even external contacts. There are a few specific features that LastPass offers that support business security. Gartner released the top eight cybersecurity predictions for 2022-2023 in this post to help you protect your business against other doomsday examples. This is just one example that details the risk at scale when not using a credential manager. Your product now needs to be delayed for launch, and your business is now dealing with brand reputation issues given you couldn’t protect your own systems from attack. Plus a list of what is basically a way for hackers to find vulnerabilities and expose them before your product hits the market. That one password had been used to access multiple applications. They have also become complacent and haven’t followed best practice password standards. However, one of your team recently opened a phishing email. You also have a range of other teams accessing various parts of the system with that precious IP throughout the product development lifecycle. Your Mechanical Engineers are collaborating and use a tool like Ansys to complete their CFD simulation. So your engineers get to work designing it using SolidWorks or another CAD software. Your team has had an incredible idea to develop and deploy a product.
Your business operates in a highly-regulated manufacturing industry, such as medical devices.
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