Your Growing Business Needs a Password Manager

A province-wide password reset memo made headline news earlier this month in British Columbia directing all provincial employees to change their passwords immediately. Despite news stories like this and growing awareness of the many forms of password attacks; from phishing scams to sneaky adversary-in-the-middle attacks we are still not seeing widespread adoption of password managers, like 1Password at Canadian businesses. In this blog post, we will explain what has been coined "the new security perimeter" and outline how 1Password can help keep your organization's data secure. 

The New Perimeter 

The traditional approach to defending an IT network was to put up perimeter defenses; firewalls and Virtual Private Networks acted as walls, protecting the internal network from external threats. In the modern IT environment, with remote workers, third-party vendors, distributed offices, mobile, and cloud deployments – the classic perimeter no longer exists. Instead, the fundamental unit of access in most cases is identity. Managing the new perimeter is about understanding, managing, and delivering identity-based access regardless of location, device, or application being used. Addressing this new perimeter requires that every sign on across every employee is secure, including to applications and tools that aren’t supported by traditional Single Sign-On (SSO). 

74% of all breaches include the human element. -Verizon, 2023 Data Breach Investigations Report 

As work continues to become increasingly flexible, it’s imperative for IT and security teams to adopt new security tools and approaches that maximize productivity while encouraging good security practices. Addressing the new perimeter inevitably brings identity front and center. If you’re unable to validate someone’s identity, you’ll be unable to validate if access to an application or data should be approved. A password manager provides critical capabilities that enable you to address the risk associated with hybrid work and the new perimeter. This includes centralized password management, biometric authentication with passkeys, role-based access control, and employee provisioning and deprovisioning.  

1Password to the Rescue!

Built to scale alongside your business, 1Password makes strong security easy while providing the visibility you need to keep your team safe. Key benefits include: 

Meet Compliance Requirements: Easily generate comprehensive compliance reports, and create custom alerts and detailed logs. 

Simplify your Password Security Options: Get a comprehensive overview of your security posture, manage your team, generate reports, and even see who is traveling, all from one place. Monitor password health, potential breaches, and team usage. 

Unlock with SSO: SSO protects logins for approved apps covered by your SSO provider. 1Password protects virtually everything else, so your entire business ecosystem stays secure. 

Anywhere, Any Time, Any Device: 1Password apps are available for macOS, iOS, Windows, Android, Linux, and even the command line. 1Password in the browser seamlessly auto. 

1Password Watchtower: 1Password Watchtower tells you about password breaches and other security problems with the items you have saved in 1Password, such as:

• Compromised websites and vulnerable passwords 
• Identify logins that support two-factor authentication 
• Identify reused and weak passwords 
• Find unsecured websites 
• Create reports to check for any security issues 

Security and Privacy 

1Password encrypts vault data, protects your privacy, and safeguards your information. Here's how:

• Unique dual-layer encryption for end-to-end protection 
• SOC II Type 2 certified 
• DPR compliant 
• CCPA compliant 
• Data encrypted at rest and in transit 
• Hide selected vaults when crossing borders using Travel mode 
• Regular third-party audits and the industry’s largest bug bounty help us act on threats 
• Your data is yours; 1Password does not use it, share it, or sell it

Security solutions, like 1Password, help your organization across every facet of modern security challenges. For more information on our multi-layered security solutions or password management, reach out to us.