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Password manager tools securely store and organize your passwords, generate strong ones, and autofill them in apps and websites. Find the best options here.
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Let’s face it: remembering all those passwords can feel like a part-time job. With so many accounts, it’s no wonder many of us resort to reusing passwords or, worse yet, writing them down. But here’s the kicker — using weak or repeated passwords puts you at risk for data breaches and cyberattacks.
And if you run a business or are a managed service provider (MSP) that offers services to other businesses, you not only put your data at risk but your clients, too. That’s where password managers come in! These handy tools not only generate strong, unique passwords for each of your accounts but also store them securely, so you can breeze through logins without a hitch.
Compare the five best password management tools that can make life a whole lot easier and safer for you and your clients.
Featured Partners: Password Management Software
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Why MSPs should sell password management to clients
MSPs should prioritize offering password management solutions to their clients due to the growing need for robust cybersecurity. With data breaches and cyber threats on the rise, effective password management helps businesses implement strong password policies, enhance security, and ensure compliance with regulations like GDPR and HIPAA.
Password managers simplify the process of generating, storing, and sharing passwords, making it easier for organizations to manage their digital security without compromising on convenience.
Here are some key benefits for MSPs offering password management:
Regulatory compliance: Ensure clients adhere to industry regulations and meet necessary compliance standards.
User management efficiency: Streamline onboarding and offboarding processes.
Cost savings: Help clients avoid the high costs associated with data breaches.
Trust building: Strengthen client relationships by showcasing a commitment to security.
By integrating password management tools into their offerings, MSPs can provide significant value to their clients while reinforcing their position as trusted security partners.
Starts at $6 per month / per user / billed annually
Starts at $7.99 / per user / per month / paid annually
Starts at $3.99 per user/month
Starts at $3.75 per user/month
Starts at $5.60 per month / per user / billed annually
Free trial?
✅
✅
✅
✅
–
Single sign-on (SSO) integration
✅
✅
✅
✅
✅
Password generator and checker
Both
Both
Both
Both
Both
Role-based access control (RBAC)
✅
✅
✅
✅
✅
Group management
✅
✅
✅
✅
✅
SOC2 & ISO 27001 security certification
SOC 2 only
SOC 2 only
Both
Both
Both
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1. Bitwarden: Best overall password manager
Overall rating: 4.80/5
Cost: 5/5
Core features: 5/5
Customer support: 4/5
Enterprise features: 4.75/5
Security: 5/5
Extras: 4/5
Bitwarden is a robust password manager that has gained recognition for its open-source nature and strong security features, making it an excellent choice for MSPs. With a commitment to transparency, Bitwarden allows you to securely store and manage passwords, sensitive documents, and notes. Its user-friendly interface ensures that both technical and non-technical staff can navigate the platform effectively, enhancing productivity and security within teams.
For MSPs, Bitwarden offers essential features like end-to-end encryption, two-factor authentication (2FA), and a zero-knowledge architecture, which means that only users have access to their data. This level of security is crucial when handling sensitive client information. Furthermore, Bitwarden’s organizational features enable MSPs to manage credentials for multiple clients securely, making it easier to streamline operations and maintain client trust.
End-to-end encryption for data protection during transmission and storage
Zero-knowledge security architecture ensuring data privacy
Cross-platform compatibility (Windows, macOS, iOS, Android) for team accessibility
Browser extensions available for major web browsers
Secure password-sharing options among team members
Emergency access features for trusted contacts
Built-in password generator and security reports
Pricing
With a free trial for each, here’s what Bitwarden’s pricing structure looks like for businesses:
Teams: $4 per month / per user / billed annually
Enterprise: $6 per month / per user / billed annually
Larger companies: Custom quotes
Pros and cons
Pros
Cons
Open-source with transparent practices
Some advanced features require a paid plan
Strong security protocols
User interface may seem basic compared to competitors
Excellent cross-platform support
Limited customer support for free tier
Cost-effective for small to mid-sized teams
New users may face a steep learning curve
Bitwarden is ideal for MSPs seeking a secure and cost-effective password management solution that offers essential features for managing multiple clients.
That said, ifyou’re looking for a more user-friendly interface or extensive support, you might find Bitwarden lacking. For advanced enterprise features, LastPass is a better alternative due to its effective administrative controls.
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2. 1Password: Best for core features and customer support
Overall rating: 4.68/5
Cost: 3.95/5
Core features: 5/5
Customer support: 4.65/5
Enterprise features: 4.5/5
Security: 4.75/5
Extras: 5/5
1Password is a leading password management solution designed for teams and businesses. Known for its user-friendly interface and powerful core features, it allows you to securely store and manage passwords, payment information, and sensitive documents.
The tool stands out for its strong security measures that help avoid potential threats and make vulnerability management easier, including end-to-end encryption and two-factor authentication, ensuring that user data is well-protected. Additionally, 1Password provides excellent customer support, making it a favorite among MSPs who require reliable assistance when managing client credentials.
Secure password storage to access sensitive information without compromising security
2FA for an additional layer of protection against unauthorized access
Shared vaults for team collaboration to securely manage team credentials
Detailed security reports so you can maintain strong security hygiene
Travel mode so you can temporarily remove all sensitive data from your device while traveling
Integration with multiple devices and platforms — Windows, macOS, iOS, and Android
Pricing
With a 14-day free trial on plans for teams and businesses, here’s what you can expect to pay for 1Password:
Teams starter pack: $19.95 for up to 10 users per month / paid annually
Business: $7.99 / per user / per month / paid annually
Enterprise: Custom pricing
Pros and cons
Pros
Cons
User-friendly interface
Slightly higher cost compared to some alternatives
Strong security features
Limited free version
Excellent customer support
Advanced features may require additional training
Great core features for teams
The mobile app less intuitive for some users
1Password is ideal for MSPs looking for a feature-rich password manager with excellent customer support, perfect for managing sensitive client information securely.
However,if you’re on a tight budget, you might want to explore alternatives like Bitwarden. For basic needs, it may also be more than necessary, making simpler tools a better fit.
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3. NordPass: Best for security and extras
Overall rating: 4.47/5
Cost: 4.25/5
Core features: 4.9/5
Customer support: 4.3/5
Enterprise features: 3.5/5
Security: 4.9/5
Extras: 5/5
NordPass is a popular password management solution that excels in security and offers a range of additional features, making it an excellent choice for MSPs. With a focus on protecting sensitive data, NordPass utilizes advanced encryption algorithms and a zero-knowledge architecture to ensure that user information remains private.
Building on the idea of the zero trust framework, NordPass includes features like data breach scanning and secure password sharing, which enhance its appeal to teams managing multiple clients. While its core functionality is strong, some users may find its enterprise features less comprehensive than those offered by competitors.
Some advanced features may require extra steps to use
NordPass is perfect for MSPs focused on security and looking for extra features like data breach monitoring and secure sharing options. But if you require extensive enterprise features or robust customer support, you might want to consider alternatives like 1Password or LastPass, which offer more comprehensive administrative controls.
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4. Keeper: Best for security and core features
Overall rating: 4.41/5
Cost: 3.95/5
Core features: 5/5
Customer support: 4.05/5
Enterprise features: 3.5/5
Security: 4.9/5
Extras: 4.9/5
Keeper is a highly regarded password management tool that stands out for its security features and comprehensive core functionalities. With a strong emphasis on data protection, Keeper utilizes end-to-end encryption and a zero-knowledge security model, ensuring that user data remains confidential.
Its feature set is tailored to meet the needs of MSPs, offering tools for secure password storage, sharing, and management across teams. While its security features are top-notch, Keeper’s enterprise capabilities may not be as extensive as some competitors, which could be a consideration for larger organizations.
Top features
Zero-knowledge encryption to ensure that your passwords are encrypted and only accessible to you.
MFA for an extra layer of security by requiring additional verification steps
Password health check to analyze your passwords and identify weak, reused, or outdated ones
Data breach monitoring to Keep you informed about potential security breaches
Secure folder sharing to securely share passwords and other sensitive information with trusted individuals or teams
Biometric authentication to use fingerprint or facial recognition for quick and secure access to your Keeper vault
Keeper is ideal for MSPs seeking a highly secure password management solution with impressive core features and a user-friendly design.
Those in search of more extensive enterprise-level capabilities or looking for more competitive pricing options might prefer alternatives like LastPass, which offers more comprehensive administrative controls and features.
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5. LastPass: Best for enterprise features
Overall rating: 4.40/5
Cost: 3.75/5
Core features: 5/5
Customer support: 4/5
Enterprise features: 4.75/5
Security: 4.05/5
Extras: 4.65/5
LastPass is a leading password management tool known for its extensive enterprise features that cater specifically to the needs of organizations and MSPs. With a focus on secure credential management, LastPass offers a comprehensive suite of functionalities designed to streamline team access while ensuring data protection.
The platform stands out for its strong administrative controls, user management features, and integration capabilities, making it an ideal choice for businesses looking to enhance their security infrastructure. Although its security rating is slightly lower than some competitors, its enterprise features make it a top contender for organizations managing numerous user accounts.
Top features
Comprehensive password management with strong encryption standards
Advanced user management, including role assignments and group policies
Single sign-on (SSO) integration — seamless user access
Extensive reporting and monitoring capabilities for administrator oversight
Emergency access options for trusted contacts during critical situations
Secure password-sharing functionality for team collaboration
Dark web monitoring that alerts you of compromised credentials
Support for third-party integrations, enhancing overall functionality
LastPass offers up to 20% off for new users, with the following pricing:
Teams: $3.20 per month / per user / billed annually
Business: $5.60 per month / per user / billed annually
Pros and cons
Pros
Cons
Exceptional enterprise features and controls
Slightly lower security rating
Strong user management and reporting tools
Higher cost compared to basic options
User-friendly interface
Limited free version
Good customer support
Some advanced features may require upgrades
LastPass is perfect for MSPs and organizations seeking comprehensive enterprise features and effective user management tools to secure multiple accounts and credentials.
MSPs looking for the highest level of security or those needing a more budget-friendly option may want to consider Bitwarden, which offers strong security at a competitive price point.
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How to choose password management tools
Strong passwords lay a foundation for an effective incident response plan, but choosing the right password management tool can be challenging, especially for MSPs that handle sensitive client data. Here are some key factors you should consider.
Security features
Seek out tools that provide robust encryption techniques like AES-256-bit encryption to guarantee the secure storage and transmission of your data. Additionally, prioritize solutions that feature zero-knowledge architecture for enhanced privacy. This means that the service provider cannot access your passwords, adding an extra layer of security — like 2FA.
Usability and interface
A well-designed, user-friendly interface can greatly improve the overall user experience. It should be easy to navigate and manage passwords, especially for larger teams. Also, ensure that the password manager works seamlessly across various operating systems (Windows, macOS, iOS, Android) and devices.
Core features
Look for tools that can generate strong, random passwords to enhance security. And if you work in teams, features that allow secure password sharing can be vital for collaboration. Certain password managers also offer the option to store secure notes or documents, providing a convenient way to manage sensitive information securely.
Customer support and pricing
Check the availability of customer support options, such as live chat, email, or phone support. Similarly, a good knowledge base or user community can help you troubleshoot issues on your own.
Take time to review different pricing tiers to ensure you’re getting the necessary features within your budget. Some services offer free tiers, but they might lack essential functionalities.
Enterprise features and extras
Verify whether the tool offers essential advanced features, such as user management and reporting, along with integration capabilities, for teams that require scalable solutions.
Also, look for additional features like dark web monitoring. Some password managers offer features that monitor the dark web for compromised accounts, alerting you if your credentials are at risk. Integrations with other software and tools (like SIEM or identity management systems) are as important since it can enhance overall security.
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How we evaluated the best password management tools
We evaluated the best password management tools for MSPs using clear criteria: cost, core features, customer support, enterprise features, security, and extras.
We analyzed pricing tiers, the presence of free trials, and the overall value for money.
Key core features included password storage capacity, auto-fill functionality, and multi-factor authentication.
We assessed customer support based on availability, response times, and the quality of help resources.
For enterprise needs, we examined user management, team collaboration features, and integration capabilities.
Lastly, we focused on security measures, such as encryption standards and zero-knowledge policies, while also considering additional features that enhance usability.
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Bottomline: Investing in the right password management tools
Choosing the right password management tool is key to ensuring business continuity since it can significantly enhance your MSP business operations and client security. Consider factors like cost, essential features, and robust customer support. Assessing enterprise capabilities and security measures ensures that the selected tool meets the specific needs of both your team and clients.
By recommending top-tier options such as Bitwarden for its overall value or LastPass for enterprise features, you can effectively address the varied needs of your clientele. Ultimately, investing in the right password management solution not only improves security but also enhances efficiency, making it a worthwhile addition to your service offerings.
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FAQ
What is a recommended tool for password management?
Bitwarden is highly recommended for its balance of robust security features and affordability. It offers end-to-end encryption, cross-platform support, and a strong free tier, making it a great choice for both individuals and MSPs. Other options include 1Password for excellent customer support and features and LastPass for enterprise solutions.
What is the best app to save passwords?
The best apps for saving passwords include 1Password, known for its core features and customer support; Keeper, which offers strong security features and user-friendly design; and NordPass, praised for its extras and security focus. Each has unique strengths, so the choice depends on your specific needs.
Which password manager has never been hacked?
While no password manager can guarantee absolute security, Bitwarden has maintained a strong reputation and has never been publicly reported to have been hacked. Other well-regarded options include 1Password and Keeper, both of which have extensive security measures in place.
Sunny is a writer for eSecurity Planet (eSP) with a bachelor’s degree in technology and experience writing for leading cybersecurity brands like Panda Security, Upwind, and Vanta. At eSP, he covers the latest news on cyberattacks, cryptography, data protection, and emerging threats and vulnerabilities. He also explores security policies, governance, and endpoint and mobile security.
Sunny enjoys hands-on testing, rigorously evaluating tools to assess their capabilities and real-world performance. He also has extensive experience working with AI tools like ChatGPT and Gemini, experimenting with their applications in cybersecurity, content creation, and research.
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