Secure Passwords with Zoho Vault
Fresh off of Zoho’s launch of private social network Pulse, the Web applications provider has just unveiled a password manager for businesses, dubbed Zoho Vault.
Zoho Vault provides teams with a secure central storage area that offers data privacy for companies that want to store, organize, manage and safely share their passwords, online credentials, records and other sensitive information. In addition, the Zoho Vault iPhone app allows users to access passwords when away from their desktops.
“Organizations are drowning in a sea of passwords — both personal and business — because passwords are still the dominant form of user authentication,” said Raju Vegesna, Zoho evangelist. “To stay afloat, users have developed poor password practices. They store passwords in spreadsheets, text documents and other volatile sources. They share them insecurely, without protection. And they reuse passwords that are usually weak and easy to remember. Zoho Vault solves these password problems with an online password manager that’s easy to use yet highly secure.”
It is important to note that Zoho says the passwords stored in its new platform are encrypted with the latest standard, AES-256. Plus, the passkey, which users must enter to access the Zoho Vault, is used as an encryption key but isn’t stored anywhere on the Zoho Vault server, on the user’s computer or iPhone.
Zoho Vault can be used by businesses to not only share passwords between trusted team members, but can also be set up with different access privileges for different users. Likewise, sharing can be enabled or revoked in real time with a single click.
In order to automate the Web app login process, the platform features a one-click login mechanism. Zoho Vault users aren’t required to type or copy-and-paste passwords to login to websites or applications, as the platform allows users to launch direct connections to sites and apps from the platform’s interface without even viewing passwords.
Zoho Vault is designed to meet the requirements of businesses and teams of all sizes. Additional highlights of the platform include the ability to group passwords and data, defined ownership of all passwords with the provision to transfer ownership if someone leave the organization, importing and exporting of passwords and data, two-factor authentication for increased security, audit trails for all user actions, a secure offline access mechanism and more. The platform is currently available, with the Personal Edition that supports one user being offered for free. Conversely, the Enterprise Edition is $1 per user per month, and supports an unlimited number of users as well as the platform’s iPhone app.