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10 Guidelines for Managing Passwords in the Enterprise Today the world is totally dependent on information technology, and many corporations struggle to effectively manage and store passwords securely for their employees. Every other day you hear of large companies exposing customer account details to non-intended audiences, due mainly to poorly managed IT systems and processes. The confidentiality and integrity of sensitive data is paramount to the operations of any size business, and the following guidelines should be considered when choosing any type of electronic password management system (PMS).