Netwrix offers customers a new password management solution
Netwrix offers customers a new password management solution
27 Oct 2022
Netwrix has announced the purchase of Password Safe from MATESO, a German software manufacturer. MATESO develops, sells and provides technical support for a product that helps customers reduce data breach risks by securing access to employee accounts.  
Password Safe allows companies to ensure proper password hygiene. With the solution, companies can configure policies, encourage implementation and monitor compliance with a range of powerful features that can reliably protect sensitive data.  
With the product, users can:  
  • Schedule recurring automatic password resets that sync across devices 
  • Avoid sharing passwords in plain text with security features like password masking and stamp functionality 
  • Encourage best practices by creating a firm password policy 
  • Monitor password policy compliance and review details by type of number of password changes  
Combining Netwrix products with a password management solution ensures that not only user identities are protected but also all three major attack surfaces: data, identities, and infrastructure. In particular, knowing sensitive data helps you make more informed decisions about protecting critical information. In addition, detecting suspicious activity around that data will help you respond effectively to threats.   
"Password Safe enables businesses to create and implement policies that best meet their goals. Companies can choose how they want to store passwords – locally, in the cloud or on hybrid servers. Password Safe provides comprehensive data protection without requiring IT expertise or server resources. Certified partners handle setup and maintenance. All this makes Password Safe an ideal choice for small and medium-sized businesses, helping to strengthen privacy in their companies," says Eugene Badakh, CEO of BAKOTECH.  
The Password Safe solution provides access to corporate team passwords and personal passwords from anywhere at any time and from any device. It is worth noting that Netwrix recently acquired another solution, Usercube, which provides identity management and administration. Thus, Password Safe protects access to this data, and Netwrix SbPAM ensures that identities are only granted privileges when they are needed for work. With this, Netwrix deepens its expertise in password management and strengthens its position in the identity and access management (IAM) market.  
About Netwrix  
Netwrix empowers information security and governance professionals to regain control over confidential, regulated and business-critical data, no matter where it resides. As a result, more than 11,500 organizations worldwide rely on Netwrix solutions to protect sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and cost, and improve the productivity of IT teams and professionals.  
BAKOTECH is an international company that occupies a leading position in the field of focused Value Added IT distribution and supplies solutions of the world's leading IT manufacturers. Positioning itself as a True Value-Added IT distributor, BAKOTECH provides professional pre- and post-sales, marketing, and technical support for partners and end customers.  
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