In the modern business landscape, security is more important than ever. A plethora of cyber attacks occur every year, and this phenomenon costs businesses and governments billions of dollars. Many of these attacks result from compromised passwords, so your business must adopt a robust solution to keep its important passwords out of the wrong hands.
If cybercriminals uncover your business’s passwords, then they may be able to access sensitive employee records, confidential schematics, sales figures, and other important information. This can severely affect your business in a ton of terrible ways, so it’s important to do whatever it takes to protect your employees, clients, and other stakeholders. To help you in this endeavor, you may want to adopt Zoho’s Vault for your business’s password protection needs.
What Are the Benefits of Password Management Software?
Minimize Liability
If a customer’s information is exposed in a data breach, then they may sue your business for negligence. The court may find your business negligent due to weak security infrastructure, and the business may have to pay a hefty settlement. No business wants to deal with a lawsuit. Even if you win, you will have to pay expensive legal fees. By protecting your passwords with the right software solution, minimize the risk of a data breach ever happening.
Preserve the Business’s Reputation
Nobody wants to do business with a company that doesn’t take security seriously. If someone breaches your business’s data, then it could take years to repair the damage to the brand’s reputation. There’s a good chance that your competitors offer similar goods and services, so why would a potential customer want to take a risk? If their credit card details and other important information are compromised, then they may have their identity stolen too. By adopting the right password solution, your business can avoid embarrassing blunders and maintain a trustworthy public image.
Keep Employees Secure
Your employees work hard to give their talents and hard work to your business, so they deserve adequate protection against cybercriminals. Finding, hiring, and training qualified professionals can be an extremely expensive and time-consuming process. A strong password management system can protect your valued employees and help the business retain a stellar workforce.
Zoho Vault Key Features
Encrypted Vault
If your passwords are recorded between various notepads, text files, spreadsheets, and other storage media, then they are extremely vulnerable to loss or theft. The best way to keep your passwords safe, handy, and updated is to store them all in one extremely fortified location. Zoho uses military-grade encryption to ensure that your passwords are as secure as possible. With their state-of-the-art software, finding, updating, and protecting your passwords will be easier than ever before.
Simple Migration
A typical business relies on a plethora of passwords for a variety of devices, websites, and applications. Therefore, the prospect of consolidating these passwords onto a single platform may seem rather daunting. However, Zoho’s modern software makes password migration extremely simple.
In as little as a few minutes, your IT professionals can import passwords from password managers, browsers, and spreadsheets. After the quick and seamless migration process, your passwords are saved, secure, and ready to use. There are no storage restrictions, so you can store as many passwords as necessary.
Easy Integration
Businesses rely on several devices to function in the digital age, and employees need quick access to their accounts to work efficiently. Therefore, you need a password solution that works across browsers, operating systems, and devices. A field technician with a tablet will be able to access relevant passwords just as easily as a sales representative on a Windows PC. No matter where your employees are, with such broad password integration, your employees will never have trouble accessing relevant business accounts.
Secure Password Sharing
Employees need access to passwords as quickly as possible, but traditional methods of sharing passwords sharing may be vulnerable to leaks and security breaches. An email can be hacked, and you never know who else might be listening to a phone call. Zoho’s secure sharing capabilities make it extremely safe to share passwords with employees, freelancers, vendors, and consultants. Your managers can filter access and restrict the plain-text view to ensure that the wrong people can’t access your business’s passwords or sensitive information.
Password Autofill
Time is money, so you don’t want your employees to waste a ton of time trying to remember and enter the right passwords. A password manager allows your employees to find and enter passwords with a simple click of a button. This super convenient function will help your employees to quickly access accounts and focus on their work without any interruptions.
Role-Based Access
Information should only be shared on a need-to-know basis. There’s no reason for your bookkeeper to access the latest schematic, and an IT manager doesn’t need to see the new sales associate’s HR file. Your managers can use Zoho’s modern software to handily limit access to passwords for specific employees.
Real-Time Audits
To maintain the highest level of security, your managers need the ability to consistently monitor passwords and account access. Zoho’s password protection software allows your managers to track who accesses your accounts, and it lets them know when, where, and how each account was accessed. With this unique tool, your managers can always ascertain that the right people are accessing your business’s sensitive information. If there are ever any strange patterns or problems logging in, then your managers can quickly examine recent logins to figure out what’s going on. Furthermore, higher managers can audit password administrators to ensure that the business’s most important insiders are not abusing their privileges.
Informative Reports
Detailed analytics can help your managers make informed decisions that will improve the company’s overall efficiency. Passwords are extremely relevant to your business’s everyday operations, so managers should focus on all of the relevant information surrounding their use and effectiveness. These analytics may reveal inefficiencies and weak passwords that could negatively affect your business’s productivity and security. With this knowledge, you can strengthen your passwords and better manage your employees.
Password Backup
Your business can’t afford to lose all of its passwords. Therefore, your business must have a reliable cloud solution to ensure that important passwords can be recovered in an emergency. If you ever lose access to your important passwords, Zoho’s password solution will send encrypted backup files to designated employees. Restrict access to the backup files ensuring that it isn’t shared with the wrong employees. Also, the backup file can only be decrypted with your master password. Furthermore, you can configure your Zoho software to regularly back your data up so that you always have access to the latest information.
Affordability
Unlike some password systems, Zoho Vault is extremely affordable, and you can purchase the right package for your business’s needs. For less than seven dollars per month, your business can benefit from elite password protection and increased productivity. With a price that low, it’s hard to justify passing up on such a robust password security system.
Intuitive User Interface
Your managers and employees are busy with their everyday tasks. Therefore, they don’t have the time to mess around with a complex interface. Luckily, Zoho’s password protection solution is extremely intuitive, so it will take your employees very little time to learn how to get the most out of it.
Protect Your Business
Without the right password management software, your business is extremely vulnerable. Zoho Vault is a best-in-class solution to protect all of your business’s passwords at an extremely fair price. Also, it stands among the best password protection services in today’s market. We highly recommend it here at Zenatta and feel free to check out our other resources to learn more about Zoho Vault.
