6 Secure Password Management Systems for Your Business

by Brad Garland

Protecting the passwords of all your employees is a key part of IT risk management. Password management systems, in combination with other cybersecurity systems, can help to protect workers from becoming victims of hacking. Here are six of the best secure password management systems for password management

Dashlane Premium

Dashlane Premium is available for a wide variety of devices, including iOS and Android mobile devices, as well as desktop PCs and Macs. This password management system manages keys carefully, keeping users’ passwords secure. It also features a password generator, which you can use to create random and complex passwords for all applications. When an employee changes a password, Dashlane Premium automatically syncs the new password to all team members and their devices. It can even issue breach alerts to let you know when you need to change passwords due to a security breach in a service you use. On the security dashboard, you can see weak and reused passwords so you can quickly take action to change them. Dashlane Premium costs $39.99 per year for each user.


LastPass Enterprise

Many large companies rely on LastPass Enterprise as part of their IT risk management strategy. Available in 17 languages, this password-management system runs on most platforms. It issues breach alerts to let you know when you should update your passwords, identifies weak and duplicate passwords and also generates compliance reports for your organization. LastPass Enterprise is also cost-effective for large organizations: the standard price is $24 per user per year, but discounts increase with the number of users. You can access a free 14-day trial for up to 10 users to try the software out. Note that although LastPass suffered a data breach in June, no passwords were compromised during the attack.


Team Password Manager

If you’re looking for open-source computer security systems, try Team Password Manager. Available for free for up to two users, $99 for five users and $2,999 for unlimited users, Team Password Manager can be cost-effective for both very large and very small organizations. One nice feature of this software is its use of ‘projects,’ which allow teams of users to access passwords they need for collaboration. It also has a password generator, which can suggest secure passwords based on random letters, numbers and symbols.



If you need a password management system for a small team, consider CommonKey. Designed to facilitate shared access to web services, CommonKey is free for up to three users, with a charge of $2 per month for each additional user. It features a password generator, as well as simple user provisioning and de-provisioning.



Meldium manages passwords for many cloud services, including Google Drive, DropBox, WordPress and Salesforce. Furthermore, it can integrate with Google Authenticator and LogMeIn ID. Meldium costs $24 per month for up to 20 users, $79 per month for up to 100 users and $169 per month for up to 250 users. Account provisioning is only available in the premium version.


Zoho Vault

Only available for iOS and Android mobile devices, Zoho Vault is free for personal use but comes with a charge of $4 per user per month for the professional version. Administrators get a wide range of features, including the ability to create and manage user groups, restrict access by IP, transfer password ownership and create reports on users. There is also a password generator and the ability to import passwords from other password managers. 

To find out more about computer security systems, including password management systems, get in touch with Garland Heart today.