In an organisational network, when the control of resources is given to more than one user, the identity of users must be verified and then granted access to their entitlements. That can be done with the help of a password, as it has long been one of the preferred ways to validate one’s identity and relies on one’s ability to authenticate oneself by presenting the correct credential.
Security of all resources in the organisation lies in the complexity and secrecy of the password. If an attacker gets hold of a user’s password, he can impersonate the user and gain access to sensitive resources to which the user is entitled.
Password-Based Authentication is the most preferred method for the majority of resources in the organisation, requiring a username and password. The password-Based Authentication method gets its fondness for its simplicity, cost-effectiveness, ease of operability, and practicality.
When a password is created, a copy of that is stored by the website or system in a secure credentials database against which the server would compare further login attempts. In order to avoid a field day for the hackers, it’s imperative that password-based authentication is enabled in encrypted form in a password vault.