Posted on 1-Jun-2013 04:00
Filed under: News
Zoho has announced the launch of Zoho Vault, a secure, easy-to-use online password manager for teams and businesses. Zoho Vault establishes a central repository that offers security and complete data privacy for companies that want to store, organize, manage and safely share their passwords, online credentials, financial records and other sensitive information.
The Zoho Vault iPhone app lets users access passwords anywhere, any time.
“Organizations are drowning in a sea of passwords — both personal and business — because passwords are still the dominant form of user authentication,” said Raju Vegesna, Zoho evangelist. “To stay afloat, users have developed poor password practices. They store passwords in spreadsheets, text documents and other volatile sources. They share them insecurely, without protection. And they reuse passwords that are usually weak and easy to remember. Zoho Vault solves these password problems with an online password manager that’s easy to use yet highly secure.”
Passwords are encrypted with the latest encryption standard, AES-256. The passphrase, which the user enters to access Zoho Vault, is used as an encryption key but is not stored anywhere on the Zoho Vault server or on the user’s computer or iPhone.
The Zoho Vault server holds only encrypted data, and the passphrase never leaves your browser. As a result, the user’s passwords and information remain completely private and can only be viewed by the user.
Businesses can use Zoho Vault to securely share passwords among trusted members of their organization, and different access privileges can be assigned to different users. The sharing process has been designed to follow the highest levels of information security and privacy standards. Sharing can be enabled or revoked in real time just by a single click.
To automate the web app login sequence, Zoho Vault features a direct, one-click login mechanism. Zoho Vault users will never be required to type or copy-and-paste passwords to login to websites or applications. Instead, users can launch direct connections to all of their websites and applications from the Zoho Vault interface, without even viewing the password.
Zoho Vault has been designed to meet the requirements of businesses of all sizes and types, including SMBs, enterprises, online marketing firms, web professionals and IT teams that are struggling with shared passwords.
Zoho Vault Personal Edition is free and supports one user. The Enterprise Edition costs US$1 per user per month and supports an unlimited number of users and the iPhone app.