Two come to mind; Password Safe is an open source product that encrypts user names and passwords in one or more databases and allows the company to manage those passwords based on policies it controls.
The second is KeePass. This product has a freeware version that also encrypts passwords, and an enterprise version is available for purchase that allows central administration of passwords.
Both have established followings of thousands of users, they are free and offer safe and convenient password management. Keep in mind that none of these freeware applications have the features required to roll out to the enterprise and centrally administer by policy or rule sets. You are dependent on end users to manage the application themselves, creating a thousand points of potential failure, but the benefits of some password security still make it a better alternative to nothing. At a minimum, there should be fewer sticky notes with passwords on desks.
Dig Deeper on Password Management and Policy
Related Q&A from David Griffeth, featured expert
Are users at your enterprise creating weak passwords that could potentially lead to serious data breaches? In this identity and access management ...continue reading
Virtualization is a technology that's taking off, but how can information security professionals know how it will interact with their existing ...continue reading
Periodic access reviews for enterprise identity and access management (IAM) can help ensure the necessary personnel have access to essential systems ...continue reading
Have a question for an expert?
Please add a title for your question
Get answers from a TechTarget expert on whatever's puzzling you.