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Enterprise Password Management Software Closes The #1 Hole In Your Attack Surface

Protect enterprise passwords without
slowing down your business

challengeChallenge

Managing human and non-human privileged accounts is critical, yet tedious for enterprise IT and security teams.

challengeDanger

Without a centralized password management system, you have no visibility or control to protect privileges from attack.

challengeSolution

Password management software built for the enterprise gives you visibility and control to lower your privileged account risk.

What Does Enterprise Password Management Software 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-premise or in the cloud. Most important is that they provide password security for all types of privileged accounts throughout your enterprise.

Shot of a young businessman having a discussion with his colleague in a modern office
Person on laptop automating password management

Automation Makes Enterprise Password Management Possible

You can’t simply 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. Old-school enterprise password management software is complex, expensive to manage, and slows down your systems. The more complex the software, the higher the risk of failure.

Enterprise password management solutions are much more than a “Password Manager” or a “Password Vault”

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.

As people leave and projects change, enterprise password management software allows you to change or remove passwords in real-time. This is particularly important for shared accounts and systems that must be kept highly secure. To mitigate the risk of a data breach, enterprise-level password management solutions monitor password activity and rotate passwords regularly and automatically.

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. An enterprise password management solution designed to keep people productive eliminates the temptation to share passwords and skirt security controls.

Man managing passwords
IT guy simplifying IT password management

Simplifying IT password management saves your IT team’s time

PAM solutions 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 PAM 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

Privileged Access Management extends to non-human account credentials, such as those needed for applications and services to run. 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. It’s critical to store these credentials in a high-speed vault so they are managed, monitored, and removed according to your security policies.

IT guy managing application passwords
Laptop screen - auditing and reporting critical to enterprise password management

Auditing and reporting are critical to enterprise password management

To demonstrate compliance to auditors and return on investment to executives, enterprise password security software provides detailed reporting on security practices you use to manage and protect passwords.

Enterprise password protection must also secure third-party access

Enterprise password protection goes beyond managing internal employee passwords. Contractors and partners may also need limited or temporary passwords, which you need to create, manage, and remove when their lifespan is over. To keep tabs on third-party behavior in real-time, you may want to require an internal employee to authorize their access or even monitor and record sessions.

Person on laptop entering password
Team using enterprise password security software on premise

Enterprise password security software is available both on-premise and in the cloud

Enterprises operate both on-premise and in the cloud. So, enterprise password security software must be designed for both. Cloud password management is particularly important for enterprises that have privileged accounts managing cloud-based systems, applications, and development tools.

20% of companies fail to change default passwords, such as “admin” and “12345.”

– State of Privileged Management Report, Thycotic

Managing and Securing Non-Human Master Passwords in the Enterprise

In addition to users, systems such as databases, applications, and networks all require a robust enterprise password management solution to authenticate and exchange information. These accounts aren’t tied to a unique human identity, which means you can’t rely on Identity and Access Management tools to manage them. When no individual is held accountable for password protection, the risks of a data breach increase exponentially. When no individual is held accountable for password protection the risks of a data breach increase exponentially.

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Service accounts

Run application services such as Windows Services, scheduled tasks, batch jobs, and Application Pools within IIS. Changing passwords for service accounts is tricky because applications are dependent on credentials for daily operations.

Service Account Management Solutions >

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Domain administrator accounts

Manage servers and control Active Directory users. They also include local domain accounts at the workstation level, which are included by default and allow everyday users excess privileges.

Windows Privilege Management Solutions >

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Root accounts

Manage Unix/Linux platforms that can be challenging to synchronize and map to Active Directory to ensure accountability.

Unix Privilege Management Solutions >

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Networking accounts

Represent a full-access pass to critical infrastructure such as firewalls, routers and switches. When these accounts are breached you may never recover.

View our list of Built-in Password Changers >

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System administrator accounts

Manage databases that can be difficult to secure and rotate because credentials are often shared among a group of IT administrators who need access in real-time. Managing Windows administrator accounts is particularly difficult in a virtualized environment as machines are rapidly deployed.

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Application accounts

Access and share sensitive information with databases and other applications. They include database logins, certificates for software signing, embedded build script passwords, configuration files, and application services used during software development. Default privileged credentials or SSH keys are often embedded in clear text or hard-coded in applications and can be easily exploited.

Work faster without compromising security with Secret Server SDK >

Privileged Access Management (PAM) is a comprehensive solution for enterprise password management that eliminates the drudgery and decreases your risk. With PAM you can rotate passwords without spending hundreds of hours manually changing them and simultaneously update credentials used for services and applications without downtime. PAM software has built-in capabilities for workflow and detailed reporting that gives you maximum control and flexibility. Modern PAM solutions are available both on-premise and in the cloud, so you save time and secure privileges across your entire attack surface.

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Privileged Account Management for Dummies

Teach everyone on your team about enterprise password management and PAM

Free eBook

This free, 24-page book, Privileged Account Management for Dummies, gives you, your IT staff, and business stakeholders a practical understanding of privileged account management and its security implications.

  • What is a privileged account?
  • Where do privileged accounts reside throughout the IT environment?
  • How privileged accounts function?
  • What are the risks associated with privileged accounts?
  • How do I best protect privileged accounts from hackers and malicious insider threats?