The Benefits of Password Management for Charities

Password management is a very important security measure for all Charities, charities included. With the rise of online threats, hackers, and data breaches, having robust password management systems is a must for any charity. This blog post will explore the clear advantages of using a secure cloud-based password tool for charities. 

Increased Security

A secure password management system is the best way to protect confidential data stored by the charity. Passwords are encrypted when stored in the vault. So, if there is a data breach, a hacker can't access sensitive information. Password management systems usually have 'Two-factor authentication' 2FA, adding an extra layer of security.

Compliance & Auditing

A properly installed password manager cements accountability, due diligence and compliance into running the charity. It shows you are serious about managing and dispersing funds and makes sure that access to all systems is controlled. And that you have a full audit of staff activities. 

Improved User Experience

 A secure password management system provides an improved user experience for all charity users. Users will no longer need to remember multiple passwords, as they can easily access their accounts with a single password. This improves the user experience. They won't forget passwords or type them in incorrectly.

Increased Productivity

A password management system increases the productivity of all users associated with the charity. Users no longer have to remember multiple passwords or type them in incorrectly. With a secure password management system, users can easily access their accounts and quickly start working.

Reduced Costs

A secure password management system for a charity also helps reduce costs. The system automates resetting passwords, meaning the charity does not need to hire additional staff to monitor password changes. The system reduces the risk of data breaches.

In conclusion, having a secure password management system is essential for charities. The system provides increased security, improved user experience, better productivity, and reduced costs. Therefore, charities should invest in a secure password management system that meets their security needs.

Password Manager for Charity

What is Zero Trust?

Zero trust is a cybersecurity concept that suggests that Charities should not automatically trust any user, system, or network within their IT environment – no matter how well-known or well-protected they may be.

Instead, Charities should always assume that their IT environment is vulnerable to attack and should take steps to verify user identities and assess the risk of any activities within the network.

What is Zero Knowledge?

Zero-knowledge is a type of security technology that allows Charities to protect sensitive information while ensuring that it remains accessible to allowed users.

Zero-knowledge security works by encrypting data in a way that not even the charity IT staff can access the data. This means that even if an attacker were to gain access to the encrypted data, they can't read its contents.

Why are Zero Trust and Zero Knowledge Important?

Zero trust and zero knowledge security are important for Charities because they help protect sensitive data from malicious actors. By encouraging Charities to verify user identities and assess the risk of any activities within the network, zero trust helps to reduce the risk of any data being stolen or compromised.

Likewise, zero-knowledge security ensures that even if an attacker were to gain access to the encrypted data, they would not be able to read its contents. This helps to prevent attackers from stealing any sensitive data or using it for malicious purposes.

Schedule a Demo Now!

How Can Charities Implement Zero Trust and Zero Knowledge?

Charities can implement zero trust and zero knowledge security by taking the following steps:

Establish comprehensive authentication protocols: Charities should establish comprehensive authentication protocols, such as two-factor authentication and biometric authentication, to ensure that only authorised users can access the network.

Deploy encryption technologies: Charities should deploy encryption technologies, such as zero-knowledge encryption and tokenisation, to ensure that even if data is hacked, it remains secure and inaccessible.
 

8 good reasons to use a proper password manager

Ransomware - To pay or not to pay - Ransomware

German Insurer Allianz says  - Businesses fear a catastrophic IT failure the most

Cybersecurity Essentials for Business