Large enterprises typically deploy centralized single sign-on solutions that require expensive and time-consuming integration with corporate applications and may not support mobile access or online logins. An average 100-employee company loses $42,000 per year in productivity addressing forgotten passwords, according to a 2014 survey by security firm Centrify Corp. And password theft is just one dimension of the problem. And, of course, hackers who obtain any one set of credentials routinely try that same password on other accounts, points out Jerry Irvine, an executive with the software security firm Prescient Solutions LLC in Chicago.īecause a bank employee’s work email address also typically includes the name of the bank where he or she works, Irvine adds, a hacker could use that information along with lax password use to breach a company’s security walls. Unfortunately, stolen credentials are the most common attack that hackers attempt, according to the latest Verizon Data Breach Investigations Report. However exaggerated that estimate might be, it’s clear people are becoming increasingly challenged to create and remember all of their passwords, especially the most complex but highly secure ones. Even company employees are tempted to do so.Īccording to Dashlane Inc., a password management software company in New York City, a typical computer user has 130 online accounts to keep track of. Multifactor options include email and text-message authentication.ĭespite the many news reports and employee security training that warn against doing so, one thing as sure as death and taxes is that computer users will use the simplest, easiest-to-remember password they can get away with. Allows users to share passwords, but doesn’t hide the actual passwords themselves. Summary: The Fairfax, Va., company offers one-time password authentication for devices, with device management. Integration services, local synchronization servers extra. Price: $40 per year plus 20 percent maintenance fee. Allows users to share passwords secretly. Conducts a variety of compliance-related reporting, as well as application and cloud-services use reports. Summary: The McLean, Va., company’s system supports fingerprint authentication, many two-factor options, both single sign-on and single logoff, and management features such as user access controls. The company partners with a variety of multifactor authentication and one-time password providers, including Toopher, Yubico and Duo Security. Unlimited shared folders can be created with custom permissions, and administrators also can grant users the privilege to create shared folders. Its system collects logs, generates compliance reports and integrates single sign-on for cloud apps. Summary: LastPass in Fairfax, Va., had a data breach in June, but no actual passwords were lost. Price: Starts at $24 per user per year, and prices drop for more than 100 users Multifactor options include iPhone biometrics. Integrates with a variety of mobile management software platforms. Summary: The Chicago-based company has a central administration console to control password employee access to systems. Price: $750 per year, plus $48 per user per year Multifactor options include authentication with Google Authenticator and with the fingerprint scanner on iOS devices. Summary: The New York City-based company offers many business-friendly administrative tools, such as emergency contacts and automatic syncing of password changes to team members. Several companies offer business-friendly versions of password management software tools, and work with all major browsers and mobile devices.
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