Why Your Company Needs Enterprise Password Management

Let’s consider this scenario:

You have a house. You often hire people to clean, maintain, fix, and improve that house. Every person you hire needs access to the house. But it’s inconvenient to let them in every single day, maybe even multiple times a day.

So you give them all a key to the same lock, to let themselves in and out.
When a project is done, you sometimes ask for the key back, but sometimes you don’t.
And you should replace all the locks in the house when you do but that’s time consuming.
It’d be annoying to have to hand out new keys to everyone anyway.

All those people using the same key. A key that isn’t changed and often isn’t taken back. You wouldn’t want to expose your home, and everything you keep inside it, and even your personal safety, to that kind of risk.

But that’s what companies do, every day:

Passwords are handed out haphazardly to employees and vendors so that they can do their jobs as quickly as possible. But when they leave,

is there accountability for what the employee or vendor had access to?
can a company guarantee that all the passwords are changed over?
is the company sure those employees and vendors can’t get back in?

Enterprise password management and administrative control over user permissions reduces the risk of security breaches, protecting your data, that of your employees, and your clients.

That’s why companies need a kill switch

If an employee leaves, they need to have access revoked the second they walk out the door. Without a kill switch, there’s no way to know you’ve secured your fortress. A week is too long. The moment an employee or a vendor leaves, you need to know what they had access to, and be able to remove their access and change all the affected passwords, in real-time, using user permissions and an enterprise password management administrative control system.