![]() ENPASS SOLUTIONS PASSWORDWe need to offload that work to password managers, which offer secure vaults that can stand in for our memory.Ī password manager offers convenience and, more important, helps you create better passwords, which makes your online existence less vulnerable to password-based attacks. That might work for Memory Grand Master Ed Cooke, but most of us are not capable of such fantastic feats. (Make sure they are long, strong, and secure!) Just kidding. The safest (if craziest) way to store them is to memorize them all. Now that so many people are working from home, outside the office intranet, the number of passwords you need may have significantly increased. The problem is, most of us don’t know what makes a good password and aren’t able to remember hundreds of them anyway. For seven years running that’s been “123456” and “password”-the two most commonly used passwords on the web. We know they’re good for us, but most of us are happier snacking on the password equivalent of junk food. ENPASS SOLUTIONS OFFLINEThe main difference between these solutions and Enpass Business is that it offers support for offline password storage.Password managers are the vegetables of the internet. ![]() According to Kona Equity, Keep Security has raised $36.6 million in annual revenue. ![]() The organization reportedly raises $200 million in annual recurring revenue.Īnother prominent competitor in the market is Keeper, which offers a solution for creating random high-strength passwords for all websites and applications, which users can secure in a vault. It also offers security teams access to auditing, report and group management capabilities. The announcement comes as the password management market is expected to grow from $1.25 billion in 2020 to $3.07 billion by 2026, as more enterprises and consumers attempt to deal with the demands of implementing unique passwords for every service they use.Įnpass is competing against a range of competitors, including LastPass with LastPass Enterprise, which allows users to create and store passwords in employees’ personal vaults with administrative support like identity federation and group management. “Employees are guilty of ‘ password fatigue’ - creating weak passwords because they’re easy to remember (and subsequently easy to crack), password reuse, writing down more complex passwords on sticky notes or in plain text files and sharing passwords via email - all of which is leading to data breaches.”īy giving enterprises an offline option for password management, Enpass Business gives companies the option to provide employees with a solution for combatting password fatigue “within their trusted boundaries,” that doesn’t open the door to downstream security risks and compliance concerns. “Bad password practices among employees continues to be a big problem for businesses, which is being driven by IT departments trying to put stringent password policies in place,” said cofounder and CEO of Enpass, Hemant Kumar. ![]() The need to create unique passwords for every app and account also helped contribute to password fatigue, with 82% admitting to reusing credentials at least some of the time. Join today’s leading executives at the Low-Code/No-Code Summit virtually on November 9. ![]()
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