Published April 15, 2018     |     Written by Robert Harrington

This might sound obvious, but many people forget that secure passwords are essential to your business. Not only do you have the need to protect your company’s information but are often responsible for protecting client’s information. Failing to do either of these can be detrimental.

Businesses, which often have more than one employee who needs to be able to log in to an account or program, have a unique issue when it comes to password protection. Your data is only as safe as the weakest password in the system.

Though you might have no problem avoiding the most popular—therefore least secure—passwords of 2017, you might still want to go beyond your personal ability to create super-secure passwords and rely on a password manager for keeping your company on lockdown.

The Equifax Data Breach, which exposed more than 140 million American users’ personal information (including social security numbers), inspired huge numbers of people to begin sifting through the dozens of password managers available for one that would work best for them.

To simplify your own research process, here are the top three password management tools for your business.

The LastPass(word) You’ll Ever Need

LastPass is an excellent option for your startup businesses, especially if you’re still not convinced you need a password manager (seriously, you do though).

The company offers a free version and a paid version. However, for individuals, the free version is packed with enough extras that it will be hard to justify spending money on anything else. In addition to serving single consumers, LastPass offers team and enterprise versions, both with free trials.

With an AES-256 bit encryption with PBKDF2 SHA-256 to ensure complete security in the cloud, LastPass allows you to create a master password (ideally, a strong master password) to locally-generate a unique encryption key. This basically breaks down to you needing only one password to access all your accounts.

Get Away Clean with Dashlane

Dashlane claims that “employee adoption is the key to your business’s security — and we’ve built a product they’ll actually want to use.” And, PC Magazine agrees.

According to PC Magazine, “If the password manager interferes with your normal flow, you just might stop using it. Fortunately, Dashlane handles all the basic tasks and more, with flair.”

With Dashlane for Business’s terrific dashboard interface, which provides information on the password health on all devices, it’s not a surprise to hear the company, and PC Magazine, push its user-friendly side. The password manager is designed to be easy for tech-savvy people (as well as the rest of us!) to use.

One of the features of Dashlane, which uses a “military-grade” encryption, allows you to create and organize password categories, as well as limit, revoke, and assign privileges to your team members based on their access level.

You’ll Never Need Another Password Manager Once You Have a Keeper

With the same encryption system as LastPass, Keeper is another standout password management tool. Offering native apps for all popular platforms and browsers, as well as two-factor authentication and secure password sharing and inheritance, it’s no surprise to find Keeper among the top choices for businesses.

Additionally, it offers many of the other features a business owner wants a password manager to include, like retaining a full history of passwords and files; auto-filling web forms and app passwords; and emergency access.

Final Thoughts: 3 Password Management Tools For Your Business

Though LastPass, Dashlane, and Keeper are some of the best password management tools available, there are plenty of others that offer top-flight security and additional features that might be a good match for your businesses.

No matter which password management tool you decided to go with for your business, the most important thing is that you’re taking the necessary steps to protect your business and your clients.

Want extra help with your cyber security? Contact us for a free audit of your business’s security and find loopholes you might not know exist.