What Does Enterprise Password Management do and Why is it Essential ?
Strong passwords are an important security practice. But they aren’t enough to prevent a data breach. Hackers use password cracking techniques, brute-force attacks and social engineering trickery to steal enterprise passwords.
If they get their hands on a password that uses an authentication token (password hash), they can “pass-the-hash” to breach multiple systems without requiring multiple passwords.
Password management software for the enterprise uses security controls to prevent internal and external threats from capturing master passwords, credentials, secrets, tokens, and keys to gain access to confidential systems and data. These centralized password management systems can be on-premises or in the cloud. Most important is that they provide password security for all types of privileged accounts throughout your enterprise.
Protect enterprise passwords without slowing down your Business
Challenge: Managing human and non-human privileged accounts is critical, yet tedious for enterprise IT and security teams.
Danger: Without a centralized password management system you have no visibility or control to protect privileges from attack.
Solution: Password management software built for the enterprise gives you visibility and control to lower your privileged account risk.
Automation makes Enterprise Password Management possible
You simply can’t manage enterprise passwords manually and expect to have visibility and control or keep pace with changes in your organization. Consumer password protection tools don’t have the right capabilities and can’t scale to support an enterprise.
Enterprise Password Management Solutions are much more than a “Password Manager”
To keep your corporate passwords safe, you can’t just store them in a protected password vault and hide the key. You also need to manage role-based access provided by those passwords and keep that access up to date.
Password management best practices like password creation, rotation, monitoring and removal must happen with no disruption to people’s work and no downtime for your systems. EIL Global’s Password Vault Solution is designed to keep people productive eliminate the temptation to share passwords and skirt security controls.
Simplifying IT password management saves your IT team’s time
EIL’s Password Vault Solution simplify IT password management. Your help desk and IT teams save time with automated account provisioning and deprovisioning, automated account discovery, automated password rotation, and consolidated reporting and auditing. IT password management can be further streamlined as your Password Vault Solution is integrated with other critical IT systems, such as SIEM and IT ticketing systems, and diverse operating systems and platforms.
Application password management is an emerging area of concern
Application password management is critical because those credentials are not tied to a human. As such, they are more difficult to track and can sometimes be found in plain text in the code, applications and services where they are needed. With Password Vault Solution, we can store these credentials in a high-speed vault so they are managed, monitored, and removed according to your security policies.
Auditing and Reporting are critical to Enterprise Password Management
To demonstrate compliance to auditors and return on investment to executives, EIL’s Password Vault Solution provides detailed reporting on security practices you use to manage and protect passwords.
Enterprise Password Protection Must Also Secure Third-party Access
The Password Vault Solution from EIL does more than just manage internal employee credentials. Limited or temporary passwords may be required by contractors and partners, which you must generate, manage, and remove when their time limit expires. You might want to need an internal employee to permit third-party access or even monitor and record sessions to maintain tabs on their conduct in real time.
Enterprise password security software is available both on-premises and in the cloud
Enterprises operate both on-premises and in the cloud. So, the Password Vault Solution is designed for both.