As you may have heard over the last few days, Australia’s government security agencies are furiously investigating a hacking attempt on the federal
Which raises the question for your organisation, ‘How are you managing your critical passwords?
If you are still doing it manually, say in a spreadsheet or by asking your browser to remember it for you, it is highly recommended to look at a commercial password management tool as a more secure and granular alternative.
What is a password manager?
A password manager is a software application that automatically creates strong passwords for you, so you don’t have to worry about creating a reliable password every time you open a new account on a website or add the management of a critical device. It also stores all your passwords in a single vault which you can secure by a master password. A password manager should come with other useful features like current passwords assessment and password auditing capability.
Why do I need one?
Strong passwords translate to strong security—or at least stronger security. Even if you do know how to create complex passwords, across a large organisation, it can be nearly impossible to remember all of them (as they should use special characters and numbers). Add in multiple devices, different users, numerous sites and services, then you have a huge amount of information to try and keep track of.
A password manager not only eliminates the need to remember multiple passwords
The following are some of the main advantages of using a good password manager:
- Centralize & secure your corporate & personal passwords
- Set up folders to organize and categorize passwords
- Manage all employees and data access rights
- Receive notifications of all passwords known by departing employees
- Generate strong and unique passwords
- Login to saved websites with a single click
- Run audits and reports on your secure stored passwords
For more information please check out the Australian Cyber Security Centre’s advice on ‘Getting smarter with passwords’
Want more information on a Password Management solution for your organisation? Please contact your Trident Account Manager.
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