A full-featured product built to manage privileged accounts and privileged account access not only provides security but enables you to focus on other IT operations and enterprise priorities. The answer is to switch to purpose-designed, automate d Privileged Access Management software. How do you eliminate the risk of using Excel for storing enterprise passwords?
It’s this simple: the lack of built-in security, data loss, and security updates that you get with a spreadsheet template is making your organization highly vulnerable to attack. Privileged accounts and pas swords must be protected with the highest security possible, and that absolutely must include two-factor authentication. While various online entities may offer ‘secure’ Excel password templates, the level of security provided is no match for a criminal cybercriminal. There is no excuse good enough to ever justify storing passwords in a spreadsheet-not even a password-protected one It bears repeating: in the enterprise cybersecurity world, there is no such thing as an “Excel password manager”. Strong, mathematical functionality does not equate to strong security. But storing privileged account passwords and credentials in an Excel spreadsheet poses a serious security risk.Įxcel was never intended to be a password manager, so there’s no chance it’s ever going to be the best way to store passwords, even if it’s password-protected. Is your organization still using an Excel password spreadsheet to store and manage sensitive passwords-the keys to your kingdom?
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