Benefits of a password management tool for your business

January 13, 2023 | Ian Ward

Passwords are like a key to your IT systems and are often the only thing standing between you and a cybercriminal. For good reason, you don’t use the same key for your house, car, or business. Similarly, you shouldn’t use the same password for your email, online accounts, or any business system.

Creating secure passwords is a critical first step in protecting your business, and personal and customer information. The strongest passwords are at least 12 characters long and contain a mix of upper and lower case characters, numbers, and symbols. But how would you remember your password if it’s $*u^reTGxM9si5?! That’s where password management tools come to the rescue – you only need to remember one password, and a password manager such as LastPass does the rest.

What is a password management tool?

Password managers are applications that keep your login information in an encrypted database and generate strong passwords for you. These passwords are stored in a safe ‘vault’ which you access via a master password. Many services include extra features such as password syncing across various devices.

Benefits of using a password management tool

 

1.  Increased Security

By using a password manager, employees can create and store strong, unique passwords for each account, reducing the risk of a security breach due to weak or reused passwords.

2.  Improved Productivity

Employees won’t have to spend time trying to remember passwords, which can be a significant time saver.

3.  Better Password Hygiene

A password manager can help enforce good password hygiene by requiring employees to use strong, unique passwords, and alerting them when a password is about to expire.

4.  Centralised Management

A password manager allows IT staff to centrally manage and monitor employee passwords, making it easier to detect and respond to security threats.

5.  Compliance with Regulations

Some industries are required to comply with regulations that mandate the use of strong passwords and regular password changes. A password manager can help with compliance by automating the process.

A password manager is a valuable tool to help prevent system breaches and simplify password security.  If you manage password security or are looking to further protect your business’ data, call our team for a no-obligation chat.

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Meet our Team

Black and white photo of Ian Ward

Ian Ward

CyberPro Founder & CEO

With 40+ years of experience in IT, there isn’t much Ian can’t advise you on. Since the advent of the internet, he’s been keeping businesses like yours ahead of the technology curve and cybercriminals. His #1 passion is and has always been providing outstanding customer service.

Trevor O’Shea

Senior Network Engineer | 9 Years

Adding another 40+ years’ IT experience to our team, Trevor has designed and worked in large Enterprise networks. He’s our Server and Infrastructure guy, helping us build robust cyber secure servers and networks. He’s responsible for designing and maintaining servers, networks, firewalls, and security devices.  Trevor has been with CyberPro 9 Years

Karena Powis

Accounts & Administration | 12 Years

Karena has an accounting degree and 12 years experience working with CyberPro. The team relies on her for the smooth running of all aspects of administration and accounts. Karena is a whizz in internal accounting systems and the person you’ll chat to about your account.  Karena has been with CyberPro 12 Years.

Matt Jones

Senior Engineer | 7 Years

Matt brings 17+ years of IT experience in Internet service providers, web hosting, and data warehousing. He’s our go-to for web security and Microsoft Office 365 advanced management. Beyond his expertise in web and email cyber security, he also assists clients with cyber security accreditation.  Matt has been with CyberPro 7 Years

Jenny Sinkinson

Co-ordinator & Administration | 6 Years

After 6 years with CyberPro, there’s not much Jenny doesn’t do. Her responsibilities cover coordinating the help desk, client liaison, logistics, ordering, license renewals, quotations, contract administration. Jenny is our ISO9001 quality champion, and been with CyberPro for 6 Years

Michael Visser

Senior Engineer | 7 Years

With over 30 years of experience in IT, including huge rollouts of technology in the armed forces and large Enterprises, Michael’s our automation and templated system builds whizz. He supports the remote management systems that let us upgrade hundreds of systems at the press of a button.  Michael has been with CyberPro for 7 Years.

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