Password sprawl across enterprises creates major risks, with 50% of organizations reporting compromised workforce accounts and 36% linking incidents to storing credentials in personal browsers or password managers. Poor practices like password sharing, cited by 23% as a cause of breaches, hinder both security and productivity. Modern enterprise password management addresses these gaps with centralized vaulting, SSO, and MFA, enabling secure sharing, oversight, and compliance. It improves user experience through autofill and strong password generation, reduces IT burdens from reset requests, and provides visibility into access activity. This foundation supports a move toward passwordless authentication.

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