[June 05, 2013] Zoho Debuts Zoho Vault Tweet Jun 05, 2013 (Close-Up Media via COMTEX) -- Zoho announced the launch of Zoho Vault, an online password manager for teams and businesses. According to a release, 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." Zoho Vault offers safe, secure password and data storage and complete data privacy. 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 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. As described by the company, the features include: -Grouping of passwords and secrets for better access and management -Defined ownership for all passwords, with provision to transfer ownership when someone leaves the organization -Provision to enforce password policies -Import and export passwords and secrets -Secure offline access mechanism for passwords and sensitive information -Comprehensive audit trails for all user actions -Two-factor authentication for increased security -iPhone app for access to passwords while on the go, even when there is no Internet connection Zoho Vault is available immediately. Zoho is a suite of online productivity, collaboration and business applications for businesses of all sizes. Zoho is a division of Zoho Corp., a privately-held and profitable company, which also provides IT Management Software (ManageEngine with over 72,000 customers) and a Network Management Suite (WebNMS with 25,000 Tier 1 carrier deployments). More Information: http://www.zoho.com http://www.zohocorp.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]