JumpCloud, an open directory platform for secure access, is launching a password manager to give IT admins and managed service providers better controls and enable password management across multiple users and groups.
According to the company, JumpCloud Password Manager relies on a decentralized architecture that is a hybrid between a cloud-based manager and an offline password manager, which JumpCloud says is designed to minimize security risks by keeping credentials stored locally on user devices and by syncing vaults between devices through JumpCloud servers in an end-to-end encrypted way.
JumpCloud says its password manager can help secure against targeted attacks that attempt to steal master passwords to access credentials stored in traditional cloud-based password managers.
The Louisville, Colo.-based company says JumpCloud Password Manager further delivers on the company’s vision for a complete open directory platform that gives IT teams and MSPs a single pane of glass to securely manage identities, devices, and access. Designed to eliminate the human factor from password management, the JumpCloud Password Manager builds on the technology the company acquired in the purchase of password management provider MYKI in February.
“It is exciting to see MYKI technology incorporated so quickly into the JumpCloud platform. This is a testament to the strength of the MYKI tech portfolio and innovation, and a great example of teamwork across development teams in many countries and states,” says Antoine Jebara, co-founder, MYKI and general manager of MSP products at JumpCloud.
JumpCloud says the company’s new password manager is a good option for organizations where single sign-on is either not deployed, is not a complete option or isn’t available. Customers can also complement JumpCloud Password Manager with JumpCloud SSO.
The company says JumpCloud Password Manager is available in early now and will go into general availability later in the fourth calendar quarter of this year. Pricing is available on request.
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