Cyber-Ark revealed the results of their annual survey which illuminates the industry-wide struggle to safely and easily share and manage administrative passwords. The survey shows that the majority of IT professionals mismanage the storage of passwords by keeping them in inaccessible or unsecured locations.

A quarter admit that their IT staff can access the administrative passwords without permission, which is a serious oversight considering it is these very passwords that are the most powerful and critical of all passwords, over-riding all the others and enabling the "administrator" to access the network, systems and the very applications which provide the backbone of enterprises worldwide.

The link for this article located at Help Net Security is no longer available.