Item: LastPass for Business
Rating: 10
Author: Leah Jakaitis

Overall Satisfaction with LastPass

Use Cases and Deployment Scope

LastPass is used across the entire organization for secure password management. It has a variety of applications and uses: it can generate secure passwords, store passwords, share passwords within an organization, and save one's personal passwords. Additionally, secure information can be stored within LastPass (for instance, login information or PINs) for reference. It provides a storage platform and integrates with 2FA (2-factor authentication) services for added security to private or sensitive information.

Pros and Cons

Pros

Integrates with web browsers.
Organizes stored password/access information for sharing and single-user access to passwords.
Integrates with 2-factor authentication services for an added layer of security.

Cons

Interface, setup, usability can be a little counterintuitive for new users.
No warnings prior to auto-populating insecure forms on websites.

Return on Investment

Enabled easy, more secure sharing of information and logins across the organization.
Streamlined IT processes: one login for LastPass lets you access all your logins (instead of remembering multiple logins for different sites).
Similarly, mobile access makes it easier to share/access information while on-the-go, making it a perfect business solution.

Alternatives Considered

Keeper, 1Password and Dashlane

LastPass was selected because it offered the most cost-effective setup and distribution within our mid-size organization. It is similar to other one-password management systems and offers comparable security, however, its organization and sharing capabilities made it a perfect fit for our group. Keeping business and personal logins behind a single password is also very convenient for employees.

Scalability

LastPass scales readily for organization size changes. An internal document outlining setup and organization/use methods has been very helpful in getting organization buy-in for use. Like any IT tool, it requires setup by a staff member and employees should expect to spend 10-15 minutes figuring out the platform, its organization, and how it works. However, it does readily deploy to a large workforce and is an amazing tool for consolidating and sharing secure information across departments.

Other Software Used

Todoist, Anaconda, Lucidchart, Atlassian Confluence, Jira Service Desk

Likelihood to Recommend

LastPass is great for storing, organizing, and sharing secure information. Its primary purpose is to store passwords and logins for websites (like email, SaaS platforms, etc), but it can also be used to store secure information (in text format), too. It's amazing for sharing logins across an organization or group, and can easily segment personal and business login information. If you have multiple logins for business/personal (Gmail, for instance), you must be mindful about selecting the correct account when logging in/out.

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Secure repository for saving & sharing logins and other sensitive information