Multi-User Corporate Password Management

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    I’m curious if anyone can recommend some insight on how some of the large corporations handle their password management. Currently we’re storing administrative passwords for servers, network switches, routers, devices, etc in an Excel sheet, within a secured folder on the network so members of the department can access them as needed.

    We’d like to have a little more control over these passwords and possibly even be able to track to accesses them. We had thought of something that may have the ability to do tier structures. Jr admins having access to some passwords, admins having access to additional passwords, etc …

    Has anyone had experience with any password management software, can offer a solution to the problem they’ve already worked through, etc… Any input would be helpful.

    Thank you!

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