Cyber-Ark Software has unveiled Central Password Manager, a new component for the Network Vault that secures, automates and simplifies administrative password management for servers, routers and other enterprise systems.
The technology provides a safe haven within the enterprise where all administrative passwords can be archived, transferred and shared among IT staff and on-call administrators, as well as administrators in the field.
Central Password Manager allows organisations to change passwords automatically on remote machines and then store the new passwords in a vault, without any human intervention and according to predefined organisational policy.
"Not only have we automated the time-consuming change management aspects of sound administrative password policy, but the password vault also provides a vital audit trail for compliance and auditing initiatives," said Tom Crawford, president and chief executive of Cyber-Ark.
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