Best Business Password Management Practices in 2022

a list of login passwords with unsecure ones and secure ones

Many companies continue to struggle with the same old problem that’s been ailing businesses and users for years: keeping passwords safe and secure. Despite all the advances in cybersecurity technology, passwords remain a weakness in corporate networks.

Users often have trouble coming up with passwords that are both strong and easy to remember. They also tend to use the same password for multiple accounts, which can leave them open to attack if one of those accounts is compromised. Neglecting to change passwords regularly also leaves accounts vulnerable to attack.

Learning the importance of best password management will ensure that your company’s employees avoid being hacked and compromising sensitive company data. IT services in Salt Lake City are great resources when it comes to protecting your company’s network security and safe password practices.

What is Password Management?

Password management is the process of creating, managing, and protecting passwords. It involves creating strong passwords that are difficult to guess and easy to remember, as well as using different passwords for different accounts. If you use strong passwords and break the habit of reusing them for other sites, you’ll be less likely to suffer a data breach.

A key part of password management also includes changing passwords regularly, and using a password manager to store all of your passwords securely. Frequently updating it will further protect your account because if someone were to find an old one, they still won’t be able access to your account.

Password managers are great tools for passwords, as they are able to store a number of passwords across multiple sites, while only requiring the user to remember a single password to access the others within the password manager itself.

Why is Password Management Important?

Employees and businesses need to be aware of the importance of best password management practices. By following a set of simple steps, employees can help protect their company’s data from being hacked, and businesses can avoid costly data breaches. Over 60% of company leaders are concerned about security issues.

Passwords are the first line of protection against cyber criminals who are trying to infiltrate your network and gain access to your protected files. If managed correctly, your business’s information will be well-secured. Many IT services in Salt Lake City are available to assist with protecting your business with increased password security.

Best Password Management Practices

As a business owner, you know that protecting your data is of utmost importance. In order to keep your data safe, you need to employ the best password management practices. By enforcing these simple steps in password protocols, you can help protect your data:

  • Use strong passwords that include numbers and special characters. It’s helpful to write a phrase that only you would remember.
  • Do not use the same password for multiple accounts to avoid compromising multiple accounts if one of them is breached.
  • Change passwords regularly, including that of the password manager if you’re using one.
  • Utilize multi-factor authentication where possible

Multi-factor authentication is especially useful, as it further enhances account security by requiring multiple steps for logging in. Using it has proven to prevent 99% of cyber criminal attacks on accounts.

Using IT services in Salt Lake City can develop ways to further enhance your company’s security operations as well.

Partner With Simple Systems to Improve Security Practices

It’s essential to stay on top of password security in order to protect your data. By following best practices for password management, you can help keep your company’s information safe from cyber criminals. Utilizing IT services in Salt Lake City can help you develop ways to strengthen your company’s security.

Contact Simple Systems today for an assessment to improve your business’s security practices.