Password Manager and Privileged Access Management in a Single Platform

Passwords are a pain. We all know we should use different passwords for every account, but remembering them is nearly impossible.

Like most people, you probably have a few favorite passwords you repeatedly use to access dozens or even hundreds of online accounts because you can’t remember more than that. This practice makes you vulnerable to hackers. If you’ve used the same few passwords for any length of time, they have probably been compromised already. 

According to the 2022 Verizon Data Breach Investigations Report, the human element is a key driver of 82% of breaches. Weak and previously stolen passwords account for many of these attacks.

A notable solution for protecting passwords was recently announced by a leading provider of privileged access management (PAM) solutions, senhasegura. This advanced password manager, dubbed MySafe, works with their popular PAM solution to enhance IT security. 

According to their announcement, senhasegura’s goal is to assist “normal” users with regular permissions, such as administration, salespeople, or engineers. These are the folks that make up the majority of a company’s employees. senhasegura is the first to help security teams tackle user passwords and privileged users, all from a single platform. 

Key benefits announced with the launch of this solution include:

  • Encryption – All managed passwords are stored encrypted, ensuring they are only accessed through senhasegura MySafe.
  • Password Sharing – Enables password sharing between users via the web or smartphone, meeting the needs of employees who share access to common services.
  • Automatic Password Injection – Passwords can be automatically injected on websites or checked out on demand.
  • Traceability – Verify which passwords people had access to, letting administrators know what passwords they need to change after someone leaves the company.
  • Maximum Security – senhasegura MySafe is secured by strong encryption and several multi-factor authentication methods.

MySafe helps employees manage their passwords with just a few clicks, reducing the risk of stolen credentials. By randomly generating passwords, the solution makes it more difficult for cybercriminals to guess an employee’s personal password and gain access to corporate systems. MySafe enables secure password sharing via the internet or mobile devices through encryption.

If you’re looking for a way to improve your organization’s IT security, senhasegura’s MySafe password manager is the solution you need. MySafe makes it easy to create unique passwords for each account and store them in a secure encrypted file. You can access your passwords from any device or computer with MySafe installed.

According to Marcus Scharra, CEO of senhasegura, “Passwords are still the most popular method for authenticating users, yet they create a huge security risk when employees reuse or share them with others. MySafe addresses the needs of employees with regular account privileges through an easy and secure way to store, manage and share their passwords. By using the same platform and user interface as our PAM solution, senhasegura uniquely offers security teams a simple yet powerful solution that addresses the authentication needs of all of a company’s employees, all in one place.”

You can find detailed product information at MySafe.

About senhasegura

senhasegura is committed to helping companies create secure, resilient organizations by stopping privilege abuse from inside and outside of the organization. senhasegura’s award-winning Privileged Access Management (PAM) solution addresses the entire privilege access management lifecycle, including before access, during and afterward, and plays a critical role in implementing a company’s zero trust architecture. Established in São Paulo, New York and San Francisco, senhasegura is a global leader with customers in over 45 countries throughout Latin America, North America, Asia-Pacific, Europe, the Middle East, and Africa. The Company’s PAM solution is distributed through an international network of more than 150 value-added, trusted channel partners.

Steven Bowcut is an award-winning journalist covering cyber and physical security. He is an editor and writer for Brilliance Security Magazine as well as other security and non-security online publications. Follow and connect with Steve on Twitter, Instagram, and LinkedIn.