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   February 27, 2020 · [Product Features](https://www-preview.exchangedefender.com/blog?category=product-features)

Your Small Business Needs a Password Manager
============================================

![](https://storage.services.exchangedefender.network/exchangedefender-blog/blog/2020/05/XD-FB-Apr-2020-27.png)

Small businesses are the target of most cyber-attacks due to lack of security protocols. In 2019, an estimated 80 percent of all confirmed data breaches occurred due to weak, stolen, or default passwords.

#### A password manager is a security tool.

A password manager is a centralized system that helps organizations store and manage logins and passwords that are critical to their business. The credentials entered into the password manager is stored with the highest form of encryption (military grade) to ensure top level security.

#### Yes, they are safe to use for business.

Yes! Top tier password managers are completely safe and can be trusted to protect your organization’s account logins. The best quality services make sure that your passwords are encrypted with AES-256 algorithm, which is U.S government approved.

And No, don’t worry – the folks working behind these password managers DO NOT have access to your credentials, it is encrypted on both ends.

#### All great password managers must have these top features.

An enterprise-grade password manager must be able to do the following, securely:

**Offer Secure Password Storage**Passwords are encrypted with AES-256 algorithm, U.S government approved.

**Provide Centralized Control**Store and organize all of your secured identities in an ultra-secure web interface

**Enable Secure Password Sharing**Share passwords securely while maintaining the security of critical corporate data

**Access from Anywhere**Access to the web interface must be available from any wifi-enabled device

#### 3 reasons why a password manager is a must-have:

**To Control Access to Your Critical Data**

SMB struggle to manage password vulnerabilities meanwhile password reuse, and password sharing is on the rise.

**To Make up for the Lack of Password Management Training**

Most SMBs do not offer their employees password management training for the workplace.

**To Reduce the Risk of Human Error**

According to recent TechRadar reports, 90% of data breaches are caused by human error.

#### We have the right solution, meet Password Vault.

ExchangeDefender Password Vault helps organizations securely manage logins and passwords. Password Vault makes generating, storing, and sharing passwords easy and safe.

**Top Benefits include:**

**Eliminating Password Fatigue**Eliminates the need to memorize multiple passwords by deploying a password manager for secure storage.

**Centralized Web Access**The password management dashboard is available anytime, anywhere with a WIFI-enabled device.

**Password Control** Control access to admin passwords, securely share passwords with your team on a need-basis.

**Managed by IT Experts** Password Vault is managed by ExchangeDefender, a cyber security firm with 20 years of active IT experience.

&gt;&gt; See [full features](https://exchangedefender.com/password-vault.php)

Every password used for your business is an entry way for a cyber-attack. A secure password management system makes it easy to secure all of your credentials in one powerful online interface. ExchangeDefender’s Password Vault offers small organizations an affordable smart password storage system, the ability to share passwords securely with co-workers, and so much more!

---

You can setup a [password vault](https://exchangedefender.com/password-vault.php), company-wide in just minutes.

  [  Previous post 3 Reasons Why Encryption is Essential for Business February 25, 2020  ](https://www-preview.exchangedefender.com/blog/2020/02/3-reasons-why-encryption-is-essential-for-business) [  Next post ExchangeDefender Web File Server Upgrade February 27, 2020  ](https://www-preview.exchangedefender.com/blog/2020/02/exchangedefender-web-file-server-upgrade)  Related Posts
-------------

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