Choosing the Right Password Manager for Your Business
Dan Altman
I help Professional Service firms to enhance and secure their operations through technology.
If your business isn’t using a password manager yet, it’s time to start considering one. Secure password management is critical to protecting your business from cyber threats, data breaches, and credential leaks. But with so many options available, how do you choose the right one—whether for personal use, business security, or both?
At Red Diamond Information Services, we help businesses strengthen their cybersecurity posture with practical, effective solutions. Let’s explore some of the top password managers available and why relying on built-in browser options may not be enough.
Why Built-In Browser Password Managers Fall Short
Many users rely on built-in password managers from browsers like Google Chrome or Apple’s Safari. These ecosystem-exclusive solutions offer basic features, such as notifying you if your passwords have been compromised and generating strong passwords. While convenient, they come with significant limitations:
For a more secure and flexible approach, we recommend dedicated password managers that work across all devices and operating systems.
Top Password Managers for Businesses
LastPass – Feature-Rich with Admin Oversight
LastPass is one of the most well-known password managers. Their offering highlights:
? Individual user vaults
? Advanced admin oversight with over 100 security policies
? Secure credential sharing for teams
? Support for passwordless login, multifactor authentication (MFA), and single sign-on (SSO)
?? Pricing: Custom quote-based. Need help getting a price for your business? We can assist!
Dashlane – Security and Compliance Focus
Dashlane provides an easy-to-use password manager that meets strict security and compliance standards, including CCPA, GDPR, and SOC 2 compliance.
? Simple team password sharing and policy management
? Integration with Active Directory
? Two-factor authentication (2FA) support
? Business plan includes free family plans for all paid users
领英推荐
?? Pricing: Starts at $5/user/month (Team Plan) and $8/user/month (Business Plan with SSO and provisioning).
Keeper – Affordable and Secure for Small Businesses
Keeper is designed with small to mid-sized businesses in mind, offering:
? Zero-trust, zero-knowledge security architecture
? Budget-friendly pricing at $3.75/user/month
? Free family plans for employees
? Business plan covers essential password management features
? The only password manager with FedRAMP Moderate Authorization
?? Limitations: No SSO, advanced provisioning, or compliance reporting—but these are available on the Enterprise plan. Need help getting a price for your business? We can assist!
1Password – Enterprise-Grade Security
Last but not least, our favorite, 1Password caters to businesses of all sizes but is especially strong in enterprise environments.
? Integrations with Azure AD, Google Workspace, Okta, OneLogin, and Slack
? Secure storage for passwords, SSH keys, secure notes, and sensitive documents
? Command-line access for advanced users
? Free family accounts for employees
?? Pricing: Starts at $7.99/user/month, but expect custom quotes for businesses.
Find the Right Fit for Your Business
Password managers are a must-have investment in today’s cybersecurity landscape. Choosing the right one depends on your company’s size, security needs, and integration requirements.
At Red Diamond Information Services, we help businesses streamline IT security with the right tools and best practices. Need help choosing a password manager or implementing a full cybersecurity strategy? It might be time we have a conversation!