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We tend to have zillions of passwords in IT jobs right?

What are the recommended ways to store and give access to passwords?

How can a new hire be given access to all required passwords day 1?

And when such new hire gets promoted, how can we give access to the additional passwords they will need?

And if someone leaves the company, how can we change only the sensible passwords they had access to and preferably notify everyone with access to it that it was changed?

Any best practices? Any 80/20 suggestions? Low hanging fruits? Any warnings about what not to do?

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