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However, these free solutions often provide only very basic password functionality aimed at individual users.

This often makes them a popular default for password free management.

Because they’re entirely browser-based, these solutions can be up and running as soon as the user opens their browser, no matter what device they’re using, with no need to install an app or add an extension. Most web browsers come with a built-in password management tool that helps users keep track of their account credentials. To do this, password managers provide key features such as secure password storing and sharing tools, enhanced encryption, and centralized administrative reporting and management capabilities. This improves the organization’s security, protecting against hacking threats, whilst reducing the complexity of creating and storing a strong password for each of a user’s accounts. They do this by helping users to generate and securely store strong passwords for all of their accounts, which can be synchronized across all of their work devices. Password management solutions help organizations solve these security challenges by enabling them to better manage account access across the business. You can find out more about the incident here. One weak password put Nissan’s infrastructure and reputation at risk something that could have been avoided with the implementation of a business password management solution. The Git server has since been taken offline and Nissan has launched an investigation – but not before the stored data had been circulated amongst hacking forums.

Nissan had stored the source code of their mobile apps and a number of their internal tools in a Bitbucket Git server “secured” with a default username and password combination of admin/admin.

Unfortunately, password bad practice also extends to the IT world, with 50% of IT professionals reusing passwords across multiple workplace accounts.Ī prime example of this is the recent hack experienced by Nissan North America. A recent study from OWASP found that “123456”, “password” and “qwerty” are consistently the most commonly used passwords across the globe, even in today’s increasingly cyber-aware world. As a population, we’re terrible at creating strong passwords and, because of this, passwords can be the weakest link in a company’s security. The other half lies within an organization’s security culture. However, advancement of attack methods is only half of the problem. In recent years, hackers have developed increasingly sophisticated methods of stealing credentials to gain access to corporate accounts, moving from brute force attacks to targeted and highly effective social engineering attacks, such as spear-phishing and pharming. “Traditional” methods of saving passwords on post-its and in Excel docs, and sharing them via instant messages or emails, are not strong enough to keep your business secure.

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