Why Employee-Managed Passwords Put Your Business at Risk

Why Employee-Managed Passwords Put Your Business at Risk

Imagine letting every employee in your organization make their own keys to your office, letting them make copies, and trusting them to keep those keys secure. Now imagine each key unlocking not just one room but every critical system in your business. That’s essentially what happens when employees manage their own passwords – except the risks in the digital world are far greater. This explains why over 90% of security breaches start with phishing. 

Understanding the Access Keys Control Problem

The fundamental cybersecurity issue lies in giving control of the keys to the kingdom to your employees. They typically do one of two things: create simple passwords they won’t forget, or reuse the same password across different systems. It’s like using the same master key for every door—once compromised, it opens everything.

Think about how a breach unfolds:

• A hacker sends a convincing phishing email. An employee, distracted or unaware, clicks and shares their password.
• If that password is reused across systems, the hacker doesn’t just gain access to one account but potentially the entire network. This allows attackers to launch ransomware attacks and lock companies out of their own systems. 

The Nightmare of a Breach

The fallout includes missed deadlines, reputational damage, and financial losses that can be insurmountable. For businesses, employee-managed credentials mean the constant fear of being one click away from losing everything they’ve built. 

IT team overload

But the security risk is only one part of the problem. Your IT team faces a constant stream of password-related issues. Every time an employee forgets a password or gets locked out of their account, IT must stop working on important projects to handle these routine requests. Over time, these interruptions add up to thousands of lost productivity hours.

How MyCena® Creates a More Secure Future

MyCena® approaches this problem differently. Instead of trying to make password management more secure through training or multi-factor authentication, MyCena® eliminates the root cause: human involvement with passwords.

Here’s How It Works:

1. Centralized Credential Management: MyCena®’s management console creates and encrypts credentials, distributing them securely to employees. Users never see, create, or manage passwords.
2. Seamless Access for Employees: When employees need to access a system, they use the MyCena® application, going through multiple layers of security, to push the auto-filled encrypted credentials into required systems.

This provides secure, encrypted access without exposing the underlying credentials.

What This Means for Your Business

By removing employee-managed credentials, MyCena® transforms your security in several ways:

• Eliminates Phishing Risks: Your risk of phishing-related breaches drops dramatically since attackers can no longer steal what doesn’t exist.
• Frees IT Teams: IT can focus on strategic initiatives rather than constantly resetting passwords or managing credential issues.
• Boosts Security Without Complexity: Advanced access segmentation and encryption make systems more secure without burdening employees with additional layers of complexity.

Imagine your business operating without the constant fear of phishing, the inefficiency of password resets, or the risk of lateral movement. By removing passwords from the human equation entirely, MyCena® makes this reality possible today.

Ready to secure your business? Don’t wait for the next breach. 

👉 Start your free trial with MyCena today and keep your business safe and thriving.