Find the best Multi-Factor Authentication Software
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ADSelfService Plus is an identity security solution that ensures secure and seamless access to enterprise resources and establishes a Zero Trust environment. With adaptive multi-factor authentication (MFA), single sign-on (SSO), self-service password manag...Read more about ManageEngine ADSelfService Plus
Auth0 by Okta takes a modern approach to Identity and enables organizations to provide secure access to any application, for any user. Auth0 is a highly customizable product that is as simple as development teams want, and as flexible as they need. Safegua...Read more about Auth0
Streamline your business with Rippling’s all-in-one platform for HR, IT, payroll, and spend management. Effortlessly manage the entire employee lifecycle, from hiring to benefits administration. Automate HR tasks, ensure compliance, and streamline approval...Read more about Rippling
NordPass Business — The Ultimate Password Manager for Your Organization. Trusted by businesses worldwide, NordPass Business offers a cutting-edge, zero-knowledge security architecture password management solution for businesses of all sizes and industries...Read more about NordPass Business
TeleSign connects and protects online experiences with sophisticated customer identity and engagement solutions to enables businesses to register accounts, verify phone numbers, identify users, prevent fraud, streamline customer engagement and more. Throu...Read more about TeleSign Platform
LogMeOnce is a cloud-based password and identity management solution that enables businesses of all sizes to manage login credentials and provide secure access to documents, applications and services via a unified portal. The platform allows organizations ...Read more about LogMeOnce
Twilio User Authentication & Identity offers digital identity verification and intelligence tools to build mutual trust between business and consumer. Verify end-users are who they say they are across SMS, email, WhatsApp, TOTP, Push Verification and more...Read more about Twilio User Authentication & Identity
swIDch PLC-OTAC is a multi-factor authentication solution that utilizes dynamic one-time authentication codes to increase security for manufacturers and operators. Unlike traditional password-based systems, PLC-OTAC neutralizes vulnerabilities such as defa...Read more about swIDch PLC-OTAC
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Control access to Google Workspace (G Suite) in a few clicks. Create user groups with custom login and logout rules. Block the use of the corporate account by time and location. Control the accesses made by the browser, cell phone, Outlook and others. Cre...Read more about Conecta Suite
Admin By Request is a cybersecurity solution designed to make comprehensive security simple. Our main goal is to enable enterprises to lock down administrative privileges across all endpoints by revoking local admin rights - while still providing means for...Read more about Admin By Request
Shared computer access control with 2FA and automatic user-switching. Login to shared computers using phoneless-2FA and automatically lock computers. If a new user logs in with the same account, the solution will automatically start a new session and log o...Read more about GateKeeper Enterprise
Trusona is a leader of passwordless MFA solutions for enterprises within the financial services, healthcare, higher education, media industry. The company's workforce solutions provide a complete authentication alternative to usernames and passwords, makin...Read more about Trusona
Protectimus is a multi-factor authentication platform. It provides cloud-based and on-premises solutions to enhance security for user accounts. The platform is designed to meet the needs of various industries, such as payment, banking, healthcare, and corp...Read more about Protectimus
Google Authenticator is a tool for securing your account. Google Authenticator generates six-digit codes that you can use as a way to keep your account safe. By implementing Google Authenticator to your Google account, anyone attempting to log in will be r...Read more about Google Authenticator
Beyond Identity is fundamentally changing the way workforces and customers log in. We eliminate passwords and all phishable factors to provide users with the most secure and frictionless authentication on the planet. Our invisible, passwordless MFA platfor...Read more about Beyond Identity
At Ping Identity, we believe in making digital experiences both secure and seamless for all users, without compromise. We call this digital freedom. And it's not just something we provide our customers. It's something that inspires our company. Our intelli...Read more about Ping Identity
FusionAuth is a customer identity and access management (CIAM) software designed to help developers authenticate, authorize and manage user access. The platform enables administrators to assign roles to team members and secure logins via single sign-on for...Read more about FusionAuth
Entrust Identity as a Service is a cloud-based identity and access management service that provides digital security solutions for banking, government, healthcare and enterprise organizations globally. This solution streamlines identity and access manageme...Read more about Entrust Identity as a Service
Authfy is a SEC4U low-code platform, a company focused on Cyber Identity, which enables secure digital journeys, providing the best experience for customers: frictionless and passwordless, unifying the entire authentication path , authorization, risk asses...Read more about Authfy
Uniqkey is Europe’s leading password and access manager. It simplifies employee security while empowering companies with enhanced control over their cloud infrastructure, access security, and employee management. Recognized as the easiest tool to use, Uni...Read more about Uniqkey
Authsignal is a fraud ops automation platform that delivers a suite of tools to mitigate fraud, secure customer journeys and enable the orchestration of passwordless authentication flows anywhere in the user journey. Design and orchestrate secure custome...Read more about Authsignal
CoSync Auth is a self-hosted and open-source authentication software that simplifies and enhances user authentication and identity management. CoSync Auth provides developers with a secure and customizable authentication solution, offering several featur...Read more about CoSync Auth
Xton Access Manager is an identity management solution that caters to businesses across various industries. Key features include access request management, role management, compliance management, single sign-on and user provisioning and activity monitoring...Read more about Imprivata Privileged Access Management
By embracing the Zero Trust philosophy, Infisign ensures a holistic approach to security by continuously verifying the identities and devices accessing your digital assets. With robust Privileged Access Management (PAM) capabilities, Infisign empowers org...Read more about Infisign
Kinde is an identity management and authentication solution for secure user management and access control that empowers businesses with user authentication tools. Whether traditional password authentication or passwordless systems, Kinde provides the flexi...Read more about Kinde
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Buyers Guide
This detailed guide will help you find and buy the right multi-factor authentication software for you and your business.
Last Updated on March 16, 2023Multi-factor authentication (MFA) software is essential for businesses to secure sensitive data. Whether it’s bank accounts, work accounts, applications, or cloud storage, instituting multi-factor authentication will ensure that only you or other authorized users have access to accounts that are critical to your business, which will protect you from data breaches.
In addition, the software offers features such as threat detection, incident response, remote access, endpoint monitoring, and more, making it a complete security solution.
Before you buy the software, you need to understand what multi-factor authentication software is, its features, who typically buys this type of software, and the benefits it will bring to your business. This buyers guide also covers some key considerations before purchasing software and the latest technology trends in the market.
Here's what we'll cover:
What is multi-factor authentication software?
Multi-factor authentication software is a cloud-based tool that helps businesses manage accounts carrying sensitive information via meta-directory, one-tap access, single sign-on, and more.
The software secures the accounts by prompting the owner or stakeholders to prove their identity through a set authentication method. This could be a one-time password (OTP), security key, hardware tokens, app-generated code, a mobile push message, or a phone call to the registered number. Once the user’s identity is proven, the user can access accounts, applications, and systems critical to the business, all in one go.
Multi-factor authentication software is used by businesses in hospitality, finance, healthcare, law, and ecommerce. However, businesses catering to other sectors along with entrepreneurs and individuals can also leverage this technology to enhance data security.
Dashboard in LastPass (Source)
Common features of multi-factor authentication software
Control who can have access to the accounts that are registered for multi-factor authentication. You can also define user groups and access policies to enhance security. | |
Credential management | Store usernames and passwords for multiple accounts in one place. Utilize them when facing issues during login and delete or change the information when you are alerted about unauthorized access. |
Get fast and secure access to single or multiple accounts by approving a push notification for login on your mobile device. | |
Multiple authentication methods | Select from multiple authentication options such as tapping on a universal 2nd factor (U2F) USB device, approving a push notification, entering an OTP, using biometrics, and more. |
Self-service portal | Save time for both you and your administrator by utilizing the self-service feature to add or change credentials, manage accounts, set up threat alerts, and more. |
Single sign-on (SSO) | Experience a consistent and hassle-free login experience for single or multiple accounts, whether from the office or a different location via your mobile device. |
What type of buyer are you?
Financial businesses: Financial service providers are prime targets of cyber theft. That makes it essential to have a fool-proof multi-factor authentication method in place to ensure data security and protect against breaches.
Such businesses can utilize multi-factor authentication software to secure applications, systems, and networks and can also pick different authentication methods to manage internal and external identities.
Legal firms: It is the ethical duty of a legal firm to protect their clients’ data, so they require multi-factor authentication software. The software can help mitigate the threat to the information infrastructure of these businesses by requesting unique identification information, in addition to a user’s username and password. These businesses can leverage the access management feature of the software to allow authorized access to clients and other stakeholders using a security key.
Healthcare businesses: Healthcare businesses require strong access control to help mitigate security risks related to remote access to patients’ data. Utilizing a fully-featured multi-factor authentication software with access management can help keep data secure. In addition, patients can also leverage the self-service portal to get secure access to the information they need.
Consumer businesses: Data security is essential in the consumer business, both for customers and owners. While customers fear identity theft and misuse of payment options, it is also not pleasant for business owners to fall prey to false payments made by digital thieves. Employing a multi-factor authentication software with a self-service feature will strengthen the security for these businesses, ensuring a hassle-free customer experience.
Corporate enterprises: In the digital workspace, information critical to a business is accessed by partners, employees, and vendors from a multitude of locations and networks. This brings along the risk of security breaches, but a multi-factor authentication software can help mitigate the risk. Not only does it help in user identity verification by gaining visibility into devices, but it also enforces adaptive policies to secure access.
Benefits of multi-factor authentication software
Reduces security breaches: Multi-factor authentication software offers endpoint security and visibility into all the end user devices that have access to sensitive data. This ensures strong authentication and prevents security breaches.
Improves access management: A strong MFA solution combined with convenient features such as a self-service portal or one-tap biometric authentication helps stakeholders to access the information quickly.
Enhance operational efficiency: Notifying stakeholders of each login attempt involves time and effort. However, the authentication software with features such as push notifications can reduce help desk efforts, which will allow them to focus on other essential aspects of the business.
Key considerations when purchasing multi-factor authentication software
Business needs: Every business has different compliance and security policies, depending on the nature of their work. This makes it essential to look for an adaptive MFA software that can align with your business requirements, such as cloud applications, remote access, a self-service portal, and more.
Budget: Price is an important factor when talking about long-term investments, especially in the case of small businesses. This makes it essential to look at the software subscription plans that can be included in the present operational cost of the business.
Market trend to understand
Here is a multi-factor authentication software market trend that you need to be aware of:
AR to soon redefine user authentication: Augmented reality (AR) and virtual reality (VR) have shown promising results in various industries, and now there are plans to use the technology to enhance multi-factor authentication. With the technology in place, an AR interactive system will initiate a conversation with the user to conduct identity tests via questions and images. While the basic principle of authentication remains the same, the AR interactive system will take the place of a textual authentication format. This innovation is currently being tested for its effectiveness, with plans to be launched in the near future.
Note: The application mentioned in this guide is an example to show a feature in context and is not intended as an endorsement or recommendation. It has been taken from sources believed to be reliable at the time of publication.