Best Password Managers For Small Business (2022) (2022)

The Best Password Managers of 2022

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Best Overall Password Manager

Norton Password Manager

4.8

Best Password Managers For Small Business (2022) (2)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

From $0

Free version

Yes

Best security feature

256-bit AES encryption, TLS secure connections and local data encryption

Learn More

Read Forbes' Review

Pricing

From $0

Free version

Yes

Best security feature

256-bit AES encryption, TLS secure connections and local data encryption

Why We Picked It

Norton Password Manager stands out as a competent password management system with a simple and attractive interface. It keeps all of your logins together in a “vault,” all synced seamlessly across your devices. Best of all, Norton Password Manager is free to use as a stand-alone product.

Norton provides a “safety” dashboard, through which you can keep track of exactly how many passwords you have. If a password is too old or unsafe, you can change it manually or allow the AutoChange function to update and save your information. This management is great for avoiding duplicates and developing strong passwords that are practically impossible to break.
It functions well with Windows and Mac, and you can download its app on iOS and Android devices. It is also completely compatible with Chrome, Edge, Safari, Brave, Firefox and Internet Explorer.

Norton Password Manager uses 256-bit AES encryption and TLS secure connections to keep your information safe. It does feature 2FA, or two-factor authentication, but some users perceive it as a very basic version. More concerning is the lack of options should you forget your master login. Due to Norton’s zero-knowledge policy, if you forget the master password, you will essentially be locked out of all of your accounts.

Should you want to upgrade for greater overall security, the password manager typically gets included in Norton’s various security plans, available starting at $19.99 for the first year before increasing to $59.99 from the second year onward. Norton makes it possible to mix and match coverage, choosing only the plan that is best for you. The advanced premium options do make it clear just how basic the password manager is.

Ultimately, we chose Norton because it’s a great freeware option for anyone looking for a simple and easy system that will let them keep track of an unlimited number of passwords. Everything you need is all in one program; you can make any changes you need with a single touch. Its simplicity, efficiency and availability of a free version make Norton Password Manager a great entry point for password security services.

Who should use it:

Norton Password Manager works for anyone who has a lot of logins and struggles with memorizing passwords.

Pros & Cons

  • Free to download
  • Unlimited passwords
  • Easy-to-use and understand interface
  • Ability to track all of your logins
  • Create strong passwords with just one click
  • Sync logins across all of your devices
  • Very basic security compared to other password management software
  • If you lose your master password, you are not able to access your account anymore
  • You cannot share passwords

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Best Business Password Manager

NordPass

Best Password Managers For Small Business (2022) (5)

4.4

Best Password Managers For Small Business (2022) (6)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

Starts at $3.59

per user, per month

Free version

Yes

Best security feature

Multifactor authentication (MFA) availability

Best Password Managers For Small Business (2022) (7)

Pricing

Starts at $3.59

per user, per month

Free version

Yes

Best security feature

Multifactor authentication (MFA) availability

Why We Picked It

NordPass is an affordable option for anyone seeking to secure their various accounts without having to juggle a bunch of login codes. Not only can you manage your passwords through a single master account, but it is even possible to access your information offline. This is very useful in the event of a power outage or if you would rather not rely entirely on internet access when managing your logins.

This password management app is available at the App Store and Google Play. It works seamlessly across all major browsers and operating systems.

Another great thing about NordPass is that it also helps you safely secure sensitive information like private notes, credit card information and shipping addresses. Additionally, you can easily share passwords and other items and create groups to do so. Business owners can apply company-wide settings that prevent employees from sharing details outside the company.

NordPass’s security features include the ability to scan the internet for possible data leaks, allowing you to react as quickly as possible. The system also identifies weak, old and reused passwords so that you can swap them for stronger and more unique options. You can set up multifactor authentication through apps, use a security key or create a special backup code.

One of this service’s best features is that it allows account recovery if you lose or forget your master password. Mistakes do happen, so it is great news that NordPass lets you recover your information.

NordPass does have a free version available for download. However, it is limited to only one user and is only accessible to one device at a time. Certain features, such as the ability to identify weak passwords or scan the internet for leaks, aren’t available. The freeware may let you store an unlimited number of passwords, but it is so limited that you should probably consider the premium version rather than a free account.

If you’d like to upgrade, you can test NordPass’s features through a seven-day trial. It offers two premium plans: Personal and Business. Most professionals will want the Business plan, which costs $3.59 per user per month and allows up to 250 users. If you require more users, the Enterprise plan would be better but you must reach out to the sales team directly for a quote.

Who should use it:

NordPass’s freeware leaves a lot to be desired, but we believe the premium version is worth strong consideration for small businesses.

Pros & Cons

  • Create an unlimited number of passwords
  • Safely store non-password data
  • Monitor the internet to catch breaches early
  • Allows you to share passwords
  • Create groups for sharing passwords internally and control access
  • Highly scalable password management solution
  • Recover your account if you lose your master password
  • 24/7 support available
  • Very short trial period might not be enough time to make an informed decision
  • Freeware is very limited compared to competing password managers
  • The “per user” pricing makes premium business plans very expensive for larger companies
(Video) What is the BEST Password Manager for 2022

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Most Reliable Password Manager

Dashlane

4.2

Best Password Managers For Small Business (2022) (9)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

From $5

per month and user, paid annually

Free version

Yes

Best security feature

A patented security architecture and AES 256-bit encryption

Learn More

Read Forbes' Review

Pricing

From $5

per month and user, paid annually

Free version

Yes

Best security feature

A patented security architecture and AES 256-bit encryption

Why We Picked It

Dashlane’s ability to state that it has never once suffered a data breach in its entire history is a very strong selling point. For that reason, we consider it one of the best and most reliable password managers on the market.

Dashlane is readily compatible with Windows, Mac, Android and iOS devices. As for browsers, the software works with Internet Explorer, Firefox, Safari, Chrome and Edge.

The dashboard is very modern and easy to use, allowing you to keep track of all users in the system and monitor login information. Dashlane provides a Password Health metric, highlighting accounts with weaker passwords so that you can make changes as quickly as possible. You can monitor individual accounts or create groups for your employees.

With Dashlane, you can monitor accounts in real time and correct password problems such as compromised, repeated or weak logins. All of your information is kept safe through the brand’s specially U.S.-patented security architecture and use of AES 256-bit encryption, the most secure available. In addition, Dashlane’s system naturally incorporates authentication and is compatible with most mobile authenticator apps or U2F keys.

Dashlane does offer a free version of its password manager tool but it has limitations—a common problem with freeware. Free account users can only store up to 50 passwords, and there is no dark web monitoring for potential breaches. You are also limited to a single device, but free tier users may have up to five accounts.

If you decide to upgrade to a business-themed subscription plan, your two choices are Team for $5 per month or Business for $8 per month. Each plan is priced per user and requires an annual commitment (monthly plans are available, but cost slightly more per month). While Dashlane can get expensive very fast for larger teams, its security features make it a worthwhile investment. You can try it free for 30 days to see if the upgrade is right for you.

Who should use it:

Dashlane is best for any business willing to pay a premium for password and account security to protect against data breaches.

Pros & Cons

  • Easy to understand and use
  • Two-factor authentication and single sign-on availability
  • Lets employees create groups and share passwords
  • Features U.S.-patented security architecture
  • Business customers don’t have a monthly option and must commit to an annual agreement
  • Limited to one or two devices without a massive upgrade
  • Pricing can get very expensive very fast

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Best Open Source Password Manager

Bitwarden

4.2

Best Password Managers For Small Business (2022) (13)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

As low as $3

per month per user, paid annually

Free version

Yes

(Video) The Best Password Managers For Businesses Of All Sizes

Best security feature

End-to-end AES-256 bit encryption

Learn More

Read Forbes' Review

Pricing

As low as $3

per month per user, paid annually

Free version

Yes

Best security feature

End-to-end AES-256 bit encryption

Why We Picked It

Bitwarden is an excellent open source password manager that is backed by a global community of knowledgeable security experts. With Bitwarden’s free tier, you can store an unlimited number of items such as passwords, cards and notes in an encrypted vault. It offers a random password generation tool to help you create and maintain secure logins. Most importantly, you can use Bitwarden across multiple devices without having to upgrade.

Bitwarden uses security features such as salted hashing and end-to-end AES-256 bit encryption to keep your data safe. It also lets you securely share information across multiple devices. You can download Bitwarden to Linux, macOS and Windows machines. Its extensions work with Chrome, Opera, Firefox, Edge and Safari but please note Bitwarden only supports the most recent versions of Tor, Brave and Vivaldi browsers.

Bitwarden’s free tier is not as expansive as the paid version, but its ability to offer cross-platform and device support for free makes it a great service choice. If you do decide to upgrade, Bitwarden offers two tiers, Teams Organization and Enterprise Organization, for the cost of $3 and $5 per month and user respectively. Customers must pay the full annual cost up front.

Who should use it:

Bitwarden works for small and large teams alike, though its pricing range might make it more ideal for larger teams with a bigger budget.

Pros & Cons

  • Easy-to-use software
  • Its free version works across multiple devices and platforms
  • Supported by an enthusiastic community of users and security experts
  • Still might need to upgrade to get the best possible experience
  • No way to recover account if you lose the Master Password

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Best Password Manager for Securing Company Secrets

1Password

4.2

Best Password Managers For Small Business (2022) (17)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

Begins at $7.99

per month per user, paid annually

Free version

No

Best security feature

Secrets Automation tool

Learn More

Read Forbes' Review

Pricing

Begins at $7.99

per month per user, paid annually

Free version

No

Best security feature

Secrets Automation tool

Why We Picked It

1Password is very much a one-stop tool for securing all of your account logins. There are no limits to the number of passwords and other items you can keep securely locked in your account vault. You can share what you want in a safe fashion with whomever you need. You never have to memorize a password again as it seamlessly autofills web forms with your saved logins.

While many of the password managers listed here provide additional security for non-password data, 1Password goes above and beyond through its Secrets Automation feature. The tool handles team logins and guards your company’s infrastructure. You can store everything from API keys to private certificates with ease.

1Password uses AES 256-bit encryption in addition to a few proactive measures for protecting your private information. For instance, phishers cannot add your information to any website you have not already visited. The service also keeps secret information from being saved to clipboards. It remembers your information, but only when and where necessary.

There is no true free tier with 1Password. Instead, you can try out one of its premium plans for up to 14 days. We will say that 1Password provides a fair and straightforward payment structure. The Business plan starts at $7.99 per user and month, billed annually. If you have a smaller team and are not interested in a potentially costly upfront fee, 1Password offers the Teams Starter Pack at $19.99 a month. It is available for a maximum of 10 users.

Though basic, the Team Starter Pack plan does offer great features such as 1 GB of storage per person and five additional guest accounts for data sharing. The tier also features administrative controls to better view and manage permissions. You will need to upgrade to the Business plan if you want access to custom security controls, activity logs for tracking individual items or the ability to delegate account responsibilities.

Bigger organizations will need to contact 1Password to find out about Enterprise tier pricing. It includes all the benefits of the Teams and Business tiers while providing businesses with tailor-made setup training, an onboard engineer and a dedicated account manager.

1Password is compatible with Windows, Mac, Android and iOS. However, if you are not using the latest version of 1Password, this could impact compatibility and whether you can successfully download and use the software. As for browsers, 1Password can be used with Chrome, Firefox, Edge, Safari and Brave.

Who should use it:

1Password is a great choice for businesses with more than just passwords in need of security.

Pros & Cons

  • Prevents clipboards from storing sensitive data
  • Does not allow information to be copied to any site you haven’t visited
  • Excellent security features for company infrastructure
  • Affordable, flat-rate monthly fee for smaller teams
  • Highly scalable account features
  • Basic tier’s features could be seen as somewhat limited
  • You will need to upgrade for truly reliable and fast customer support

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Best Single-User Password Manager

LastPass

4.1

Best Password Managers For Small Business (2022) (21)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

As low as $0

Free version

Yes

Best security feature

AES 256-bit encryption

Learn More

Read Forbes' Review

Why We Picked It

An award-winning password management solution, LastPass remains a respected and popular resource for protecting login information. If you need to secure passwords through one device, LastPass is an ideal solution. The service protects your passwords through an AES 256-bit cipher.

Should you need an upgrade, you can choose between LastPass’s Teams and Business tiers. Both tiers lack a monthly option and require an upfront annual payment. Teams subscribers pay the equivalent of $4 per month, per user; Business plan customers pay $6 per month, per user.

The Teams plan tops out at 50 users, but there is no user limit with the Business plan. Additionally, with the Business tier, you gain access to important security add-ons such as single sign-on and multifactor authentication. You can also get them together as part of a bundle.

With upgrades, LastPass becomes a much better experience, beginning with a simplified and easy-to-use admin dashboard. Employees get their own private, encrypted vaults. LastPass lets you save and automatically fill out logins as well as generate secure passwords. It also lets team members securely share information through folders.

One major downside is that if you need to share in groups, you’ll have to upgrade to the LastPass Business tier and potentially pay more for the option than you might with other password managers. The Teams tier also limits customizable security policies to ten, while more than 100 policies are available to Business plan subscribers.

LastPass supports Windows, Mac, Chrome OS and Linux operating systems in addition to Android and iOS. Unfortunately, LastPass is not compatible with virtual environments. You’re also required to upgrade if you want to be able to access your information on both a desktop and a mobile device.

Who should use it:

LastPass might be best for a professional in need of a password management solution for a desktop or phone.

Pros & Cons

  • Simple, straightforward free tier
  • Access your password information online and offline
  • Tracks security issues on the dark web
  • Compatible with most operating systems and popular browsers
  • Freeware limited to use on a single device
  • Must upgrade to a higher tier to share password information in a group
  • Must upgrade to access passwords on both desktop & mobile
(Video) BEST Password Manager 2022: Top 5 Picks That Are (Actually) Great

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Best Password Manager for Programmers

KeePass

4.1

Best Password Managers For Small Business (2022) (25)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

$0

Free version

Yes

Best security feature

AES 256-bit encryption, ChaCha20 cipher

Learn More

Read Forbes' Review

Pricing

$0

Free version

Yes

Best security feature

AES 256-bit encryption, ChaCha20 cipher

(Video) Best Password Manager 2022 (New) // Don't Buy Before You See This!

Why We Picked It

KeePass is another excellent open source manager that puts all of your passwords in one database. That said, it is probably one of the more technical options available, with a learning curve that could annoy professionals not too familiar with open source coding.

On the upside, KeePass is entirely free to install and use. At present, the official version is solely compatible with Windows operating systems. But as this is open source, there are many “unofficial” versions compatible with Linux, Mac and Mono systems.

KeePass provides encryption for your whole database. The most up-to-date version of KeePass uses AES 256-bit encryption and the ChaCha20 cipher as well as a host of plugins that provide additional encryption algorithms.

Some users might feel that KeePass looks very dated, especially when compared to Bitwarden, another open source password manager with a comparatively modern interface. However, if you want a truly free password manager to customize as you see fit, KeePass is your best bet.

Who should use it:

As KeePass is a very technical password manager, it is probably best for a professional who is comfortable directly customizing KeePass as they see fit.

Pros & Cons

  • Free to use
  • Excellent encryption of password and data
  • Numerous unofficial versions of KeePass that are readily compatible with virtually every operating system and device
  • Could present a steeper learning curve than other password management software
  • Its interface is rather dated when compared to other options

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Most Scalable Password Manager

Keeper

4.0

Best Password Managers For Small Business (2022) (29)

Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.

Pricing

From $3.75

per month when paid upfront annually

Free version

No

Best security feature

Two-factor authentication; includes single sign-on at advanced tier

Learn More

Read Forbes' Review

Pricing

From $3.75

per month when paid upfront annually

Free version

No

Best security feature

Two-factor authentication; includes single sign-on at advanced tier

Why We Picked It

Every password management service provider on this list attempts to offer services to businesses of every size. However, we found that Keeper seemed to be best poised to provide an incredibly scalable experience, with options aimed at companies of various sizes. Not only that, but Keeper also provides service options tailored to managed service providers and the public sector.

Keeper services are strictly premium, but you will have to contact the company for pricing information for most plans. The Keeper Business tier is the only level with publicly available pricing; it starts at $3.75 per user and month, billed as $45 per person annually. Keeper Business customers receive encrypted vaults for every team member and shared folders. Moreover, you access your account from an unlimited number of devices.

In addition to vault encryptions, this tier uses basic two-factor authentication. You must upgrade to Keeper Enterprise to use more advanced two-factor and single sign-on authentication methods. Enterprise customers are also able to use an automated team management system and a series of provisioning tools.

The Keeper website provides a sliding scale that helps you understand what you would spend each year on their service based on the number of users. It recommends any business in need of more than 100 accounts reach out to the sales team.

Keeper is determined to stay “platform agnostic,” so you should have no problem using its service in whatever browser or OS you prefer. In the end, it fits Keeper’s profile as a versatile password manager, able to fit the needs of businesses no matter what their size.

Who should use it:

Keeper is probably best for midsize to larger size businesses that are comfortable negotiating a pricing plan according to their distinct needs.

Pros & Cons

  • Ability to monitor the dark web, including a free scan service
  • Works easily across every major OS and browser
  • Highly scalable solution, especially for organizations with huge growth potential
  • Able to tailor services to different types of organizations, both private and in the public sector
  • It might be very expensive for smaller companies
  • Basic tier options are somewhat limited compared to competitors
  • Must upgrade for better security

Methodology

We use a five-star system where factors are weighted and each consideration contributes to the best possible score. We average each section’s total and add them together to give each product a final score, and the items are then ranked accordingly.

We looked at specific features we think make up the best password managers for this list:

  • Ease of use. Occasionally, we will feature products with a steeper learning curve if they possess other features that make them worth your consideration. However, we prefer products that have a more modern, sleek interface that is easy to navigate.
  • Pricing. We are always on the lookout for products with great freeware. We also recognize that some of the best password managers out there offer their services for a premium. That said, we also pay attention to whether the service is good value for the money spent.
  • Security. We are naturally concerned with recommending password management tools that have excellent security features. We consider elements such as the level of encryption, the presence of multifactor authentication and if the service checks the dark web for your information.
  • Features and functionality. We recommend tools with the widest range of components that work well across most platforms. Ideally, they provide the chance to secure passwords and other important company data as effectively as possible.

What To Consider When Buying a Password Manager

Given the prevalence of data breaches and weak passwords, you should consider a password manager one of the most important purchases your company can make. For this reason, you’ll need to carefully consider a few key factors before making a purchase.

  • Is the freeware good enough quality to forgo an upgrade? Although many password services offer a free tier, many are so limited in their function that they are frustrating. On the other hand, when purchasing password management software, you should make sure that you have access to all the features you need, at a price you can afford.
  • What would you do if you lost your master password? Thanks to a “zero knowledge” policy, some services might find it difficult to recover your account if you somehow misplace your master login credentials. That is why you should understand any necessary steps you would have to take.
  • Which team members get access to your password manager, and how should information get shared both internally and externally? Some managers make it impossible to share passwords, while others let you delegate access and form groups.
  • How easy or hard will it be to train employees to use the new system? While some password managers emphasize ease of use, others might require more technical knowledge. You want to make sure you purchase a system that your team members can easily grasp.

Once you have a general idea of your own or your organization’s needs, you should be much more confident about finding the right password manager.

Frequently Asked Questions (FAQs)

What is the most secure password manager?

Per our research, the most secure password managers are Norton Password Manager, Dashlane and 1Password. They make use of the safest encryption options available while providing intuitive user interfaces.

What is the safest way to keep passwords?

We recommend using a password manager, as the service will keep all of your passwords secure while providing autofill functions as needed. Make sure the service provides a backup strategy should you forget your master password.

Can I get a free password manager?

Yes, you can get a free password manager. Check out Dashlane or Bitwarden for reliable options at no cost to you.

What happens if I forget my master password?

Before signing up with a password provider, make sure the service provider has a protocol in place for losing a master password. Otherwise, you could lose your account permanently.

Are there advantages to paid password managers compared to free password managers?

(Video) Best Password Manager for Business in 2021

Free password managers offer basic features, but may not offer all of the features you are seeking. If so, you should upgrade to a paid version. Most of the password managers on our list offer free trials, so you can try out the one that has the features you want or need before committing to a subscription plan.

Videos

1. NordPass vs Keeper vs RoboForm vs Dashlane | Best password manager comparison
(CyberNews)
2. 1Password for Business | Best Password Manager Review
(Pete Matheson)
3. NordPass VS 1Password 2022 | Password manager REVIEW
(CyberNews)
4. 1Password Tutorial for Beginners | Best Password Manager for Personal & Businesses
(Stewart Gauld)
5. What is the Best PASSWORD MANAGER in 2021 | Best FREE password manager 2021
(EasyTechGeek)
6. How Password Managers Work - Computerphile
(Computerphile)

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