1Password, a leader in Extended Access Management (XAM), has introduced the 1Password Enterprise Password Manager - MSP Edition on the Pax8 Marketplace. This move extends the company's influence in markets led by Managed Service Providers (MSPs) across the Americas, EMEA, and APAC, equipping partners with tools to bolster security outcomes, reduce operational intricacies, and propel substantial business growth.
David Faugno, CEO at 1Password commented, “At 1Password, we deliver access security built for the way MSPs work, empowering them to safeguard client data with confidence and unlock growth by creating greater value for their customers. Joining the Pax8 Marketplace puts 1Password directly into an ecosystem MSPs already trust, advancing our channel-first strategy and extending our reach to more MSPs around the world.”
Modern workplaces are defined by their flexibility and decentralisation, an environment where SaaS proliferation, personal devices, and autonomous AI redefine work methodologies, access provision, and identity governance. This evolution positions MSPs with both heightened pressure and golden opportunities. As the global managed services market edges towards a colossal $731.08 billion by 2030, 1Password's offering is poised to empower MSPs, providing enterprise-grade security amid rising AI adoption.
The 1Password Enterprise Password Manager - MSP Edition addresses stresses drawing from credential-related vulnerabilities, contributing to an anticipated 22% of breaches by 2025, according to the Verizon 2025 Data Breach Investigations Report.
Providing access security that strengthens clients protection and drives operational efficiency, 1Passwords solution also delivers:
- Trusted, Enterprise-Grade Security: Protect client data leveraging two-key derivation and Secure Remote Protocol (SRP), ensuring comprehensive encryption—even during breaches. With role-based access controls facilitating full visibility yet preserving user privacy, security becomes intuitive with user-friendly features such as auto-lock enhancements and technician-level audit logs.
- Streamlined Management and Scalable Profitability: A centralised MSP console streamlines client onboarding, provisioning, and support, trimming administrative burdens and boosting technical efficiency. Consumption-based billing with no license minimums, paired with inclusive onboarding resources like a 14-day trial, ensures profitability growth from the onset.
- Strategic Differentiation: Implement least-privilege policies using granular technician access controls and mitigate risk with real-time alerts. Custom reports covering breach exposure, usage trends, and device stature offer actionable insights to fortify security posture and reinforce client trust.
Tyler Jones, President and CEO at Carmichael Consulting Solutions, praised the solution, having integrated it seamlessly across various demanding security landscapes.
Emanuel Figueroa, a Senior Research Analyst for Identity and Access Management Security at IDC, noted the crucial role MSPs play in safeguarding access within an evolving threat landscape, where AI continues to transform identity and access dynamics. He emphasised the necessity for MSPs to advance their cyberdefenses while managing the expansive access points now commonplace.
