Enterprise secure access solution company Bomgar has announced Bomgar Vault to store shared credentials for privileged users and IT vendors. The idea is that rather than share credentials in full with a range of people inside and outside the enterprise you simply grant access to Bomgar Vault which will inject the passwords when required.

The advantage of this approach is that you can change, manage and update the passwords without having to transmit the new password to everyone who needs it. By using the direct injection approach, Bomgar believes that it can reduce the risk of password leakage and better control access. One reason for this is that passwords are only injected via Bomgar’s Privileged Access Management solution. Read more.