Multifactor authentication (MFA) has become an essential tool for protecting sensitive information in today's digital age. With the increasing sophistication of cyberattacks, organizations are continuously looking for new ways to enhance their security protocols. As a result, there are several new trends in MFA that are gaining traction in the industry.
One of the most notable trends is passwordless authentication, which eliminates the use of passwords altogether. Instead, it relies on alternative authentication factors such as biometrics or hardware tokens to verify a user's identity. This approach provides better security than traditional passwords, as they are susceptible to theft, guessing, and social engineering attacks.
Another trend in MFA is risk-based authentication. This involves assessing the risk level of each login attempt and then requiring additional authentication factors if the risk level is deemed high. This approach can help organizations balance security and usability by allowing low-risk logins to proceed without additional authentication while requiring more stringent authentication for high-risk logins.
But this makes it a challenging task for businesses to find the right solution provider who could find the exact requirements. That's where GRC Outlook magazine is bridging the gap with the Top 10 multifactor authentication solution providers in the 2023 listing. The companies listed below were selected by a panel of experts.
Kevin McKenna
CEO
Addison,TX
authentix.com
Authentix is an authentication solutions company delivering authentication solutions for products, personnel, and processes that bring the physical and digital world together. Authentix offers multiple layers of authentication capability. The company uses both covert and overt physical systems to allow unique discoveries of product compromise issues only detectable by clients.
Marc Potash
CEO
Gaithersburg, MD
authx.com
AuthX provides you with an Authentication-as-a-Service platform. Our solution securely manages and connects you and your users to your systems, applications, files, OS and networks. AuthX is a global company, founded in 2012, with millions of end users and services to some of the largest organizations in the world.
Sandra Tobler
CEO
Switzerland
futurae.com
Futurae's authentication solutions use a variety of factors to verify the identity of users, including something the user knows (such as a password), something the user has (such as a smartphone), and something the user is (such as biometric data). This multi-factor approach helps to ensure that only authorized individuals can access sensitive data or perform transactions.
John Hertrich
CEO
Clearwater, FL
identite.us
"Identité provides the simplest and most secure user experience available when it comes to MFA. Identité offers easy-to-use software solutions, cloud services and on-premise deployment that provide unparalleled security and safety. "
Francois Amigorena
CEO
France
isdecisions.com
IS Decisions builds affordable, non-disruptive, and easy-to-use Access Management software solutions, allowing IT teams to effectively secure access to Active Directory infrastructures, SaaS applications, and data within. UserLock provides on-premise Active Directory (AD) Identities with secure access to both the corporate network and multiple cloud applications, from wherever they are working.
Jens Hermans
CEO
Belgium
nextauth.com
nextAuth is a mobile passwordless MFA solution that enables end-users to log into mobile and desktop apps, sign contracts and approve payments with biometric scan or a PIN code on their own mobile phones. Its built on public-key cryptography and patented authentication protocol prevent brute-force, guessing and phishing attacks, and guarantee non-repudiation. Organisations can implement nextAuth's...
Michal Wendrowski
President
Poland
rublon.com
Rublon offers a state-of-the-art Multi-Factor Authentication (MFA) compliant with the regulatory requirements of multiple industries, including but not limited to Healthcare, Technology, Government, and Retail. The company’s MFA solutions enable customers to install on their endpoints as well as via agentless deployments for VPN and Remote Desktop to enable robust MFA.
Tomasz Kowalski
CEO
San Francisco, CA
secfense.com
Secfense is a cybersecurity company that provides innovative solutions to protect against various types of cyber threats. Their focus is on Identity and Access Management (IAM) solutions that allow organizations to secure their critical assets, data, and systems from unauthorized access. Secfense offers a variety of solutions to meet different IAM needs, such as multi-factor authentication, adapti...
Raz Rafaeli
CEO
Menlo Park, CA
doubleoctopus.com
DoubleOctopus offers a variety of authentication methods that do not rely on passwords, such as biometric authentication, device-based authentication, and multi-factor authentication. The company's solutions are designed to be easy to use and highly secure, with a focus on preventing credential theft and other types of cyber attacks.
Todd Shollenbarger
CEO
UK
veridiumid.com
Veridium is a cybersecurity company that provides passwordless multi-factor authentication solutions for businesses and organizations. Their solutions leverage biometrics and other advanced technologies to provide secure, convenient, and cost-effective authentication methods. Veridium offers a platform called VeridiumID, which allows users to authenticate using biometric factors such as facial rec...