Password vaulting technology is usually referring to a password vault solution or a password manager. It is a program that keeps usernames and passwords for humans or applications accounts in a secure digital safe and in an encrypted format.
Password vaulting solution is in use by home users to protect their access credentials in a secure place, and by businesses to manage and protect their Privileged Access Users. A password manager or Privileged Access Manager offers a convenient way to manage accounts to digital assets and, more importantly, help you create better passwords, making your online existence less vulnerable to password-related attacks. For businesses, it usually includes the functionality of session recording, automatic password rotation, and adding advance logs and reporting tools for auditing.
For home users, we recommend considering the solution offered by lastpass.com, and for business users, we are strongly recommending to implement the leading solution by CyberArk software (as per Gartner, August 2020).
CyberArk is the global leader in privileged access security and password vaulting, a critical layer of IT security to protect data, infrastructure and assets across the enterprise, in the cloud and throughout the DevOps pipeline. CyberArk delivers the industry’s most complete solution to reduce the risk created by privileged credentials and secrets. Compromising user accounts is an objective for any cyber-attacker. CyberArk Privileged Access Security is a password vaulting solution designed to improve your ability to control, monitor and protect your critical users’ access to digital assets.
SEGMENTECH is a strategic CyberArk partner for professional services in Canada, the US and LATAM. Our CyberArk Security Services consultants are certified by CyberArk and have hands-on experience with solutions integration planning and management, systems analysis, implementation, support, and ongoing maintenance of CyberArk’s solutions. Our multi-faceted security services team will accelerate an efficient and seamless deployment, upgrade and/or integration of the most complex CyberArk implementation, fully aligned with CyberArk best practices.