Buyer’s Guide to Multi-Factor AuthenticationEnsure That Your Customers Are Who They Say They Are

Introduction

● Data breaches are becoming increasingly sophisticated by the minute.

● Passwords are a poor form of security.

● Even the most complex passwords can be hacked in a matter of seconds or minutes.

How can you protect your digital assets while still providing a seamless customer experience?

Answer: Multi-Factor Authentication (MFA)

How MFA works?

01 It adds an additional layer of verification during the login process.

02 It uses something you know (your ID & password) and combines with something only you have (a separate device or app such Google Authenticator).

What to Expect?

Here are a few criteria you should consider when evaluating a solution with MFA:

1. Security Impact2. Strategic Business Initiatives3. Cost of Ownership

Security Impact

The primary goal for adopting a solution with MFA is to minimize the risk of a data breach.

● Does it secure sensitive data? --- Data encryption, password hashing, and automated monitoring of your data activity

Security Impact

● Does it detect compromised devices? --- Offer more advanced detection of compromised devices like risk-based authentication.

● Does it have a high availability? --- Guarantee at least 99.99% uptime

The LoginRadius Advantage

● We offer a fully manage dashboard, which enables customers to have full control over who can access the solution.

● We offer a white-labeled authenticator app, which allows to customize to meet all your needs.

● We stay up-to-date on the latest security certificates, like ISO 27001, SOC 2, and CSA Star Level 2.

● We offer full transparency in how consumer data is being stored.

Strategic Business Initiatives

Consider how it will integrate with your current and future business initiatives.

● Is it a cloud-based solution? --- Provide a live stream of your data across your entire digital ecosystem, integrate with any third-party applications, etc.

Strategic Business Initiatives

● Can it grow with your company? --- Scale to support new users and integrations, no matter how big you get.

● Does it meet all privacy regulations? --- Meet all privacy regulations according to your region, such as CCPA, HIPAA, COPPA, and GDPR.

The LoginRadius Advantage

● We have over 150 out-of-the-box integrations that can connect to third-party applications.

● We can autoscale to support peak loads of login and account creation activities.

● We are always updating our platform by complying with latest regulations.

Cost of Ownership

Includes all direct and indirect costs, for example licensing, support, operation, and other expenses.

● Is it a completely managed service? --- Continuous support even after you have implemented.

Cost of Ownership

● Is it a modern or traditional solution?

Modern - Transparent Pricing Model --- Single sign-on and cloud support, User self-service portal , High availability, Cloud-based.

Traditional - Lots of Hidden costs --- Additional cost to add new apps or users, Authenticators such as tokens and USB, Customer support

The LoginRadius Advantage

● All of our costs are upfront, as communicated or agreed on.

● We take care of all system updates, patches, and maintenance.

● We offer 24/7 support at no additional cost, includes training during implementation.

● We manage all security and privacy regulations.

Thank you!

Ready to take the next step?

Get in touch with our team or download the guide.