Passwords remain the leading cause of breaches and a major productivity drain, as password sprawl grows with hybrid work, device diversity, and cloud expansion. Nearly half of organizations report compromised accounts, often due to poor storage, sharing, or weak consumer password tools. Traditional MFA and SSO cannot cover all apps or stop advanced AI-driven attacks, leaving gaps. Modern enterprise password management must offer centralized, encrypted storage, MFA/SSO integration, and a path to passwordless authentication. CyberArk Workforce Password Management provides secure credential vaulting, one-click access, compliance support, and phased adoption of passwordless methods.

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