1Why do businesses need a password manager?
In modern businesses, shared credentials represent a significant security risk. Employees using sticky notes, unsecured Excel files, or emails to share passwords expose the company to data breaches. An enterprise password manager centralizes and secures all access with zero-knowledge encryption. It allows assigning, revoking, and auditing each employee's access in real-time. For IT departments, it's the essential tool for enforcing security policies and facilitating compliance with regulations like GDPR.