The issue of enterprise password management is continuing to grow in importance, as some companies have already learned their lesson the hard way for not focusing more attention on this issue. Software vendor Thycotic has multiple products that can help with this critical aspect of business and professional security.

The company allows for a way to easily manage multiple users passwords included in Group Password Management, which offers products to allow administrators to assign users to groups and manage them using the Group feature: “One user can be assigned to multiple groups, and different permissions can be attributed to each group,” Thycotic’s website states.

The advantage of this setup is that it simplifies the management of the various permissions and roles that can be assigned to a user, Thycotic officials say, adding that groups can be synchronized with Active Directory to further simplify management.

Thycotic’s Secret Server is a Web-based password manager accessible from any computer with network connectivity. It's also compatible with many cell phones and handheld mobile devices—in fact there’s even an app for that, “a free iPhone (News - Alert) app for managing passwords on the move,” company officials say, explaining that Secret Server can be installed locally—“even without Internet access.”

Earlier this week, TMCNet reported that Thycotic launched a new edition to their software called “Enterprise Plus.” This password management software helps enterprises to easily control access to all critical passwords in one central web-based repository. The software enables each employee to securely store, distribute, and audit secrets.

The updated offering has “Front-End Clustering,” which is a disaster recovery feature that replicates the front-end instance of Secret Server. According to the company’s website, Secret Server supports automatic database and IIS directory backups. As an additional disaster recovery measure, administrators can export Secrets which helps Administrators to meet both backup and disaster recovery requirements, through providing a document that can be simply printed and contains exported Secrets.