Tally Vault Password Policy Agenda Introduction on Tally

Tally. Vault & Password Policy

Agenda § Introduction on Tally. Vault ü Enabling Vault ü Change/Remove Tally. Vault ü Recover Tally. Vault § Password policy ü Password Strength ü Password Expiry ü Password History ü Password Overriding ü User to change Password § Product Demo § Q&A session. 2

Tally. Vault Data Security has been a matter of concern to the Business Owner as most businesses depend on the confidentiality of the information. Tally. Vault is a feature in Tally. ERP 9 that will help the business to maintain confidentiality of information by encrypting the data. • The technology of Tally. Vault is such that the password is NOT STORED anywhere • “The data is never available in an unencrypted form – it never exists in this form”. • “As a result, data in Tally. Vault is most SECURE and RELIABLE”. 3

Product Walk Through 4

Password Policy Keeping financial data safe is of utmost importance to preserve its purity, avoid unauthorized changes and to keep customers’ financial information safe. A good password policy will enhance data security and allow only authorized users to view financial data. In Tally. ERP 9, the Administrator can set a password policy in place; which users will have to adhere to, while creating and managing passwords for their company. Password Policy Functionality ü Password Strength ü Password Expiry ü Password History ü Password Overriding ü User to change Password ü User Status 5

Password Strength is the level of complexity which is attributed to your password, which will keep it safe from unauthorized attempts to retrieve or guess it. The components that decide the strength of a password are its length, complexity and unpredictability. Benefits ü The administrator can set the strength of a password; hence make set standards for data security. Features ü Minimum password length can be defined. ü Complexity of the password in terms of the number of characters, digits and special characters. Product Walk Through 6

Password Expiry is a mechanism which requires users to change their passwords regularly. This is done because, over time users tend to give out their passwords, write it down, or otherwise compromise the secrecy of their passwords. Passwords leaked over time pose a security risk, which is mitigated by Password Expiry. Benefits ü Reduces security risks due to password leaks. Features ü Administrator can define after how many days a password expires. ü The users can be notified before the password expires and hence they can change it on time. Product Walk Through 7

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