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Top 10 Multifactor Authentication Solution Providers 2023

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.

Company:

Authentix

Management:

Kevin McKenna

Designation:

CEO

Headquarters:

Addison,TX

Website:

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.

Company:

AuthX

Management:

Marc Potash

Designation:

CEO

Headquarters:

Gaithersburg, MD

Website:

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.

Company:

Futurae Technologies

Management:

Sandra Tobler

Designation:

CEO

Headquarters:

Switzerland

Website:

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.

Company:

Identite

Management:

John Hertrich

Designation:

CEO

Headquarters:

Clearwater, FL

Website:

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. "

Company:

IS Decisions

Management:

Francois Amigorena

Designation:

CEO

Headquarters:

France

Website:

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.

Company:

nextAuth

Management:

Jens Hermans

Designation:

CEO

Headquarters:

Belgium

Website:

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 mobile SDK or deploy its white-label authenticator app.

Company:

Rublon

Management:

Michal Wendrowski

Designation:

President

Headquarters:

Poland

Website:

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.

Company:

Secfense

Management:

Tomasz Kowalski

Designation:

CEO

Headquarters:

San Francisco, CA

Website:

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, adaptive authentication, and access management. Their solutions are designed to be flexible, easy to deploy, and integrate with various applications and systems.

Company:

Secret Double Octopus

Management:

Raz Rafaeli

Designation:

CEO

Headquarters:

Menlo Park, CA

Website:

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.

Company:

Veridium

Management:

Todd Shollenbarger

Designation:

CEO

Headquarters:

UK

Website:

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 recognition, fingerprint, and voice recognition, among others.

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