Problems with maintaining enterprise password management clearly exist in multiple organizations worldwide. Some of these problems include: the ability to change service account passwords, being aware of who has access to view what passwords and what to do when employees abruptly quit and take passwords with them.

A huge problem in using a standard password is that the entire company knows it, which unfortunately leads to a high degree of risk if that password is somehow compromised or if an employee abruptly quits. Security breaches from continuously reusing passwords are highly common among businesses.

A consequence of setting a password to a random answer that you hopefully will only have to use in that one instance is that at some point you will have to recover that password if anything goes wrong with AD authentication, and you will need the local administrator password.

When you make a physical copy of a password, for example either writing it down or using a password management tool, it can lead to problems such as no availability to audit the use and no separation of access.

 Thankfully, solutions that can eliminate these problems are available. An enterprise password management tool such as Secret Server, offered by Thycotic helps to automatically store local administrator passwords in the password vault, set permissions, and have full access to auditing. The fact that it is a web-based password manager only adds to the benefits a business can receive from use of this software.

The tool also allows businesses to customize the intervals that make employees aware when passwords need be changed. The users can then decide to either manually change the passwords or implement use of the tool to automatically change the passwords, through use of the remote password changing feature.