Buyer’s Guide to Multi-Factor Authentication

1
Buyers Guide to Multi-Factor Authentication

• Ensure That Your Customers Are Who They Say They
  Are

2
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.

3
How can you protect your digital assets while
still providing a seamless customer experience?
4
Answer Multi-Factor Authentication (MFA)
5
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).

6
What to Expect?

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

1. Security Impact
2. Strategic Business Initiatives
3. Cost of Ownership

7
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

8
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

9
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.

10
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.

11
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.

12
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.

13
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.

14
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

15
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.

16
Thank you!

• Ready to take the next step?
• Get in touch with our team or download the guide.