Most data breaches are a result of weak, reused, stolen or shared passwords. With this in mind good password hygiene and practices are critical to your business.
Lastpass is by-far the leader in this space and is the product that we use and recommend to our clients.
Lastpass is an app installed on your phone, tablet or computer that stores your passwords, so you don’t need to remember them. Once you’ve logged into Lastpass using a ‘master' password, it will generate and remember your passwords for all your online accounts. Lastpass also enters your passwords into websites and apps automatically, so you don't even have to type them in every time you log in.
An alternative to Lastpass is your Keychain (Mac) or Chrome (Google) password manager. These provide basic password management functionality, but do not allow you to securely share passwords and do not provide many of the enhanced security features that Lastpass does (see below)
Below is an overview of the main benefits of Lastpass and how we use it with our clients:
You can download a free version of Lastpass to test it out. It has limited functionality, but it will give you an idea of how it works.
The annual cost of a single user account is $4-5 per month (around $50 per year). This is very cheap insurance.
You can download the App here
For most small businesses only one single (master) Lastpass account is required. This is usually 'owned' by the business owner/manager and staff create a free Lastpass account for themselves.
You can easily share logons (without sharing the password) with free account holders.
You can also easily revoke access, if required.
Any password changes flow through to your staff members immediately.
For more information check out the Lastpass website, or talk to use and we'll explain how we, and other clients, use the system.