The Best Password Managers for Your Small Business

Most of us either use weak passwords or use the same password across multiple accounts. This makes us more susceptible to identity theft and other crimes.

Perhaps we do this because we fear we won’t remember those super long unique passwords? Well, the secret to managing passwords efficiently is by using a password manager. “A password manager will generate, retrieve, and keep track of super-long, crazy-random passwords across countless accounts for you, while also protecting all your vital online info—not only passwords but PINs, credit-card numbers and their three-digit CVV codes, answers to security questions, and more—with encryption so strong that it might take a hacker between decades and forever to crack.” – Consumer Reports, 2017.

Accordingly, we’ve raked up the top password managers for small businesses.

LastPass

LastPass has a business option which helps you to manage employee passwords. The built-in password generator creates long, randomized passwords that protect against hacking. Once you’ve saved a password in LastPass, you can have access to it when you log onto the system. The system also pre-populates online forms so that it makes it easy for you to shop online.

Although the free version has great features, the premium version gets you:

  • One-to-many sharing
  • Emergency access
  • Advanced multi-factor options
  • Priority tech support
  • LastPass for applications
  • 1GB encrypted file storage

Pros:

  • Syncs passwords across all devices.
  • Strong multifactor authentication
  • Automated password changing
  • Enhanced password sharing
  • Actionable security report
  • Password inheritance

Cons:

  • Default settings for password generator could be more secure

Dashlane

Dashlane is one of those free password managers that give you just as much as a premium one. The Wall Street Journal said; “Neither Dashlane nor a hacker (or government agency) breaking into the company’s systems could access your data without knowing your master password. This setup prevented Dashlane from even being vulnerable to the recent Heartbleed security catastrophe.”

Pros:

  • Smooth user experience
  • Fully supports seven languages
  • Supports PC, Mac, Android, iOS
  • Two-factor authentication
  • Automated password change for 500 sites
  • Secure sharing
  • Advanced form-filling
  • Captures receipts for online shopping.

Cons:

  • Defaults could be more secure

LogMeOnce Password Management Suite

One of the only password managers that allows you to log in with a selfie or USB. Free from hassles, worries, duplicates, keyloggers, or weak passwords.

Pros:

  • Works on Windows, macOS, Linux, Android, and Ios
  • Advanced two-factor authentication such as selfie and USB
  • Anti-theft system can locate a lost device and remotely log out or wipe your data
  • Automatically fills web forms including credit card data
  • Actionable security report

Cons:

  • Extra costs for more authentication methods
  • Too technical for non-tech users

Sticky Password Premium

This password manager has great features. If you choose the unusual no-cloud Wi-Fi sync, your passwords never leave your home network.

Pros:

  • Syncs across all devices
  • Wi-Fi syncs available
  • Manages application passwords
  • Online console manages trusted devices
  • Fingerprint authentication on mobile.

Cons:

  • Basic report that doesn’t list all weak passwords
  • No online access to passwords
  • No two-factor authentication

Keeper Password Manager & Digital Vault

Pros:

  • Supports all platforms browsers
  • Two-factor authentication
  • Secure password sharing
  • Synced storage for up to 10GB of files

Cons:

  • Lacks certain features found in competing products
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