security practise on the Password and uswername

Please share the best practice in the storing details  . what is the best in the  industry norms to practice in terms of standard

servers username password /firewall / application ..........

do we need to have these in the separate envelope or in the  excel sheet protected with password ?

Any other market software for this purpose
curAsked:
Who is Participating?

[Product update] Infrastructure Analysis Tool is now available with Business Accounts.Learn More

x
I wear a lot of hats...

"The solutions and answers provided on Experts Exchange have been extremely helpful to me over the last few years. I wear a lot of hats - Developer, Database Administrator, Help Desk, etc., so I know a lot of things but not a lot about one thing. Experts Exchange gives me answers from people who do know a lot about one thing, in a easy to use platform." -Todd S.

Zephyr ICTCloud ArchitectCommented:
I'd not opt for the Excel sheet, those kind of solutions often bring their own issues, envelopes in a safe, do people still do that? :-)

Several companies I've worked for use Thycotic's Secret Server which is a great password manager for an enterprise (they have a free version as well), it can do more than just passwords though, it's even possible to create your own "secrets", it's possible to change the local administrator passwords monthly automatically ... So cool.

That's my suggestion, maybe it's a bit too much, but since they have a free version, why not? (of course there are limits in the free version).
curAuthor Commented:
thanks for your comment . Yes we do changes in password and other things  . but our internationally  recognized bodies  asking the  recovery method of password in case of lost or resign  purpose  ?
Zephyr ICTCloud ArchitectCommented:
If you create a user that has global admin rights on the application I mentioned, you have the possibility to see all passwords entered into the application. So if you make sure all passwords ever used on any of the systems in your company are in the secret server password manager, then you should be able to retrieve them.

If there are passwords for AD users, well I assume you just reset the password in AD of course.

I'm not affiliated with Thycotic in any way, just like their application.
Maidine FouadEngineerCommented:
Well if you want very strict compliance to regulations ... i suggest LastPass

 Why ? well the password data is not accessible... even to the LastPass admins...

It supports multi-factor authentication medium's ...

It even Supports unusual Browser's Like the dolphin browser (A really good android browser !!)

You can read more about them here :

https://lastpass.com/enterprise/enterprise-features

I Like the unique Multiple functionality's of there product

Most of the Good Password managers in the market will Do the job , Make sure that the Algorithms that encrypt are strong enough , and that the functionality of the product suits your needs

Experts Exchange Solution brought to you by

Your issues matter to us.

Facing a tech roadblock? Get the help and guidance you need from experienced professionals who care. Ask your question anytime, anywhere, with no hassle.

Start your 7-day free trial
curAuthor Commented:
do you have any person doing the same in the envelop based hardcopy or password managing companies like international audit firms
It's more than this solution.Get answers and train to solve all your tech problems - anytime, anywhere.Try it for free Edge Out The Competitionfor your dream job with proven skills and certifications.Get started today Stand Outas the employee with proven skills.Start learning today for free Move Your Career Forwardwith certification training in the latest technologies.Start your trial today
Security

From novice to tech pro — start learning today.