Password vaulting systems are designed to securely store and manage passwords and other sensitive information. By centralizing password storage, these systems help prevent unauthorized access and make it easier for users to manage their credentials without having to remember multiple complex passwords. They also often include mechanisms to automatically rotate passwords and provide controlled access to privileged accounts, enhancing overall security. The other responses describe useful security capabilities, but they are not the primary purpose of a password vault.
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How does password vaulting improve security?
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What is automated password rotation, and why is it important?
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How does password vaulting differ from single sign-on (SSO)?