Zoho announces Zoho Vault, provides a hub for businesses to manage passwords

Zoho's more commonly known around the interwebs for its document editing tools, but today the service is launching a product that's a little more business-oriented than its Office suite. With the newly introduced Zoho Vault, the company's hoping to give business owners a centralized repository where they can easily manage their passwords online -- something slightly similar to what LastPass offers. Of course, security will likely be very important for potential customers, and Zoho says it'll be able to keep a rigorous lockdown by implementing things such as Host-Proof Hosting, a measure which encrypts passwords at the browser and stores only encrypted data on the server. The Personal Edition of Zoho Vault is available now for free and can be accessed by one person, while the Enterprise Edition costs a mere $1 per month, offers an iPhone app and supports unlimited users.

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Source: Zoho