New Solution Reduces Credential Theft Risks and Enhances Compliance
Omega Systems has introduced an Enterprise Password Management solution to help businesses reduce password-related cyberattacks. The solution is part of Omega’s growing cybersecurity portfolio, which aims to strengthen protection against evolving threats and improve risk management.
Password Security to Counter Growing Cybersecurity Risks
Credential theft remains a top cyber threat for businesses. Ben Tercha, Omega Systems’ Chief Operating Officer, stated, “Corporate passwords saved in public domains or tied to personal accounts present an enormous risk for companies from a risk management and compliance perspective.” He emphasized that a company-wide password management solution is a cost-effective way to mitigate credential-driven data breaches.
Key Features of Omega’s Password Management Solution
The fully managed password solution offers the following:
- Secure password storage and encrypted one-time passwords (OTPs).
- Multi-device synchronization for better security in remote work environments.
- Instant password access across desktops, mobile apps, and browsers to reduce reset requests.
- Compliance-friendly security practices for boards, investors, and cyber insurers.
Part of Omega’s Managed Security Portfolio
This enterprise password management addition strengthens Omega’s cybersecurity suite, which includes endpoint security, managed detection and response (MDR), and vCISO consulting. The company continues to enhance security for financial services, healthcare, manufacturing, government, and other industries.
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