You know how devastating a cyber security attack on your organization’s data can be to your business, but did you know that over 80% of those breaches are caused by unsecured passwords?
That is why we recommend using a password manager, like LastPass. With password management for your small to midsize business, you significantly reduce the risk of security breaches caused by poor password use.
Plus, LastPass has a service package that is ideal for groups of up to 50 users known as LastPass Teams, which provides several other benefits for simplifying password management and securing your business systems.
What is a password manager?
Your employees likely have a lot of logins for various sites, and a vast majority probably use poor passwords. Or they reuse the same one, which is another hazard itself.
Instead of relying on memory or slight variants of the same password as many people are wont to do, you can use an application like LastPass. The password manager includes a password generator, and it will automatically create secure passwords for you, so you don’t have to think up new ones each time you start an account.
The passwords are long and randomized, and the application also stores your credentials in a personalized, secure Vault. That way, you never have to worry about remembering passwords or storing them on a spreadsheet—or worse, a sticky note visible to anyone who visits your office. And, with the LastPass plug-in for your browser, your credentials for all saved accounts can be autofilled, saving valuable time you might otherwise spend on remembering or resetting forgotten credentials.
LastPass also gives you the ability to utilize multi-factor authentication, offering another layer of security for added peace of mind.
What benefits does LastPass Teams offer my organization?
The basic LastPass application is free for individuals to use, but with LastPass Teams, you can take your capabilities even further. As mentioned above, it is an ideal solution for groups of up to 50 users, and the application provides the following advantages.
Instantly Add/Remove Team Members
Your LastPass Team can include any, or all, of your staff members, and it is easy to add or remove individuals with just a few clicks, which makes for easy onboarding and offboarding should your employee roster change. You don’t need to be an IT professional to use it either, as the interface is designed for simplicity and efficiency.
Safely Share Passwords with Others in Your Organization
Sharing passwords on paper or via spreadsheet just doesn’t cut it in today’s digital world, and LastPass makes it easy to share your passwords from the app interface. You can share just one password at a time or a folder containing dozens of credentials, which reduces frustration and saves your employees plenty of time. Plus, if passwords ever need to be updated, it is done for everyone who currently has access to that information, so there’s no back-and-forth about the latest changes.
Access Passwords from Anywhere, on any Device
Whether you need your login information on your PC in the office, your laptop at home or your cell phone while you’re out and about conducting business, your account information is synced and readily available. Simply log in with your account name and master password—the last password you’ll ever need to remember once you start using password management—and you’re set.
Assess How Secure Your Organization’s Password Management Really is with Reporting
While using a password manager is an excellent step forward for your organization’s security stature, you still may want to keep an eye on how your employees are using that management system—LastPass Teams allows you to do just that.
With LastPass Teams reporting, you can see how strong the passwords are that your company is using, info on master passwords that could be more secure and your organization’s overall security score, among other valuable metrics.
Ready to get started?
As a security-focused managed service provider, CoreTech understands the importance of strong passwords and managing your credentials. That’s why we recommend LastPass solutions, which securely encrypt and protect your login information—and simplify your everyday work processes.
If you’re ready to stop using a sticky note or spreadsheet-style of password management, contact us. Our security experts are ready to help you lock down your organization today!