Be Confident in
Your Investment

With 85% of breaches due to a human element (like phishing, poor password behavior, etc.), it's crucial to implement password management across your entire organization.

You've taken the first step! As you start your research, or look to augment other security best practices with password management, you should be confident in your investment. Below, is a detailed report walking you through the results of your interactive assessment.

Savings

0
in productivity

+
in costs

0
total savings

Your Risk

Let's Talk About Your Employees

From small to large, cybercriminals don’t discriminate when it comes to hacking. That goes for industry, too!

However, businesses within highly regulated industries or industries that handle, store, or maintain sensitive information are often higher targets for cyber criminals. Think healthcare, financial services, legal firms, higher education, and recently there has been a rise in cybercrime in manufacturing and retail!

Your organization
may be losing

hours

each year in productivity due to password
reset issues.

It appears that your employees have

passwords

Employee Password Behavior

Did you know that on average, people manage up to 50 accounts protected by password credentials, and must reset credentials 5 times per month due to forgetfulness. This takes about 10 minutes each time. That’s 10 hrs. per year, for each employee.

Source: LastPass and Onepoll, 2021

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

Fully Remote

Fully Remote You're not alone! In a recent LastPass report, 70% of respondents noted they worked wholly or partly remote in 2021. While this is a great employee perk, employees no longer look for this flexibility - they require it. This means your risk has increased. You need to be providing your employees the right tools to manage their sensitive business credentials so they can work and collaborate securely from anywhere. In the same report, respondents said they only create and protect business accounts 32% of the time compared to personal accounts. A password management tool can help you enforce proper password hygiene and manage user behavior through policies.

Source: LastPass Psychology of Passwords, 2021

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

In-office

While many companies went remote, you kept your office culture! There are risks associated with remote work, but some risks persist in the office, too. You need to provide your employees the right tools and resources to ensure they are using proper password hygiene. Employees, regardless of location, are the keys to your business.

Source: LastPass Psychology of Passwords, 2021

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

Hybrid

You're not alone! In a recent LastPass report, 70% of respondents noted they worked wholly or partly remote in 2021! While this is a great employee perk, employees no longer look for this flexibility—they require it. This means your risk has increased. You need to be providing your employees the right tools to manage their sensitive business credentials so they can work and collaborate securely from anywhere. In the same report, respondents said they only create and protect business accounts 32% of the time compared to personal accounts. A password management tool can help you enforce proper password hygiene and manage user behavior through policies.

Source: LastPass Psychology of Passwords, 2021

Securing Your Organization

Deploying a password management solution for specific teams is common, but securing the entire business is just as critical as individual team members or departments.

Way to go!

Securing your entire organization is critical to ensure a comprehensive password management solution for your business. Anyone who manages at least one credential, has access to digital business, accounts or uses a company device, should be empowered to use password management tools.

Securing Your Organization

Deploying a password management solution for specific teams is common, but securing the entire business is just as critical as individual team members or departments.

You're off to a good start!

Congratulations, you have taken the first step in securing your business, while promoting secure collaboration between departments. When you're ready, add seats or deploy across your entire organization to reduce risk. Anyone who manages at least one credential, has access to digital business accounts, or uses a company device, should be empowered to use password management tools.

Your IT Security

Password-related challenges can cost you money.

Onboarding and offboarding employees can be unproductive and cumbersome.

You responded that your IT team manages help desk tickets due to password related challenges.

That can be quite burdensome. Forrester Research reports that the average cost of a password related help desk call is $70 USD.

For your organization,
that translates to

per year.

It takes you hours to onboard or offboard an employee. Multiply that by the number of employees you manage — that's

hours

With the proper password management solution, you can streamline this process by integrating your directory, so you can automatically provision or deprovision employees as they enter or exit your business.

Security Tools are Better Together.

Based on the security measures you have in place or plan to implement in the next six months, your return was positively impacted:

Multifactor Authentication

Multi-Factor Authentication secures every access point to your business. From cloud and legacy apps to VPN and workstations, MFA offers passwordless access while maximizing security with customizable security policies and adaptive authentication technology. By adding MFA to your password management solution, your business can secure all web logins, while adding endpoint verification with one easy-to-use mobile app.

Single Sign On

Single Sign-On simplifies employee access to cloud applications, while streamlining provisioning cloud applications for IT— all of which can be managed within your password management solution. With single sign-on for top priority apps, and password management to capture and secure everything else, these two security measures protect every access point and conveniently connects employees to their work.

Dark Web Monitoring

Any information you store online could potentially be stolen. Dark web monitoring checks your email addresses against a database of breached credentials to see if they have been involved in any breaches. If the dark web scan shows that an account has been compromised, the user is sent an alert that reveals what account needs attention.

Personal Password Managers [for employees]

With personal and professional lives merging like never before, it is crucial that you implement and support a holistic cybersecurity strategy. That means providing employees a business vault and a vault for personal items as well. Two private vaults, managed in one location. While employees increase familiarity, adoption at work increases.

Cyber insurance

Cyber insurance providers are increasing premiums and setting stronger coverage requirements due to the increasing risks and costs associated with a successful cyber attack. Over the next five years, experts predict cybercrime costs to grow by 15% per year, reaching $10.5 trillion USD annually by 2025. By implementing a stronger security posture through password management, single sign-on, and multi-factor authentication, some cyber insurance companies grant discounts on their cyber insurance premiums.

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01.07.2022/PDF/TK

Risk Indicator

AnnualSavings

Be Confident in Your Investment

Savings

AnnualSavings

Be Confident in Your Investment

Your Employees:

Your IT Security:

Receive your report to explore your savings further:

By the numbers

10hours

70%

only35%

81%

25-40%

Annual Savings

Download Your Report

Be Confident inYour Investment

With 85% of breaches due to a human element (like phishing, poor password behavior, etc.), it's crucial to implement password management across your entire organization.

Savings

Your Risk

Let's Talk About Your Employees

From small to large, cybercriminals don’t discriminate when it comes to hacking. That goes for industry, too!

hours

passwords

Employee Password Behavior

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

Fully Remote

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

In-office

Employees and Flexible Workspaces

Let's review your risk when it comes to flexible workspaces.

Hybrid

Securing Your Organization

Deploying a password management solution for specific teams is common, but securing the entire business is just as critical as individual team members or departments.

Way to go!

Securing Your Organization

Deploying a password management solution for specific teams is common, but securing the entire business is just as critical as individual team members or departments.

You're off to a good start!

Your IT Security

Password-related challenges can cost you money.

Onboarding and offboarding employees can be unproductive and cumbersome.

per year.

hours

Security Tools are Better Together.

Based on the security measures you have in place or plan to implement in the next six months, your return was positively impacted:

Multifactor Authentication

Single Sign On

Dark Web Monitoring

Personal Password Managers [for employees]

Cyber insurance

Annual
Savings

Annual
Savings

10^hours

70^%

^only35^%

81^%

25-40^%

Be Confident in
Your Investment