miniOrange & Token Ring: Pioneering Next-Gen MFA Partnership
2023 marks a pivotal time in cybersecurity. The back and forth escalation between cybercriminals and security professionals has surpassed legacy MFA strategies, and each year the need for stronger authentication solutions becomes more clear. Losses to data breaches and ransomware attacks are at an all-time high, doubling the last two years in a row. The average loss reached $9.44 million per incident, and an increasing number of organizations do not survive a ransomware attack.
Organizations require a new generation of authentication, a wearable biometric device that can integrate with other mission-critical security solutions and enterprise applications. To this end, Token Ring is partnering with miniOrange, a leading single sign-on (SSO) and enterprise security platform. Organizations can now benefit from the combined power of the strongest wearable MFA device on the market and a robust Identity and Access Management (IAM) platform that protects the most mission-critical applications.
Founded in 2012, miniOrange delivers world-class cybersecurity solutions to enterprises, financial institutions, government agencies, and more. Focusing on Identity and Access Management (IAM) and Customer Identity and Access Management (CIAM), miniOrange helps these organizations secure their workforce, customers, and partners with features like SSO, Social Login, and User Sync.
miniOrange is trusted by over 17,000 customers around the world, including Starbucks, Goldman Sachs, and Johns Hopkins School of Medicine. The company employs over 400 employees with headquarters in Wyoming USA and Pune, India.
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Through this partnership with TokenRing, organizations will be able to securely connect the right people to the right technologies while combatting the escalating threats of ransomware and data breaches. Here’s how.
SSO is an authentication and authorization process that enables a user to access a suite of enterprise applications with a single authentication step. This offers users a convenient experience that allows them to conduct their business activities with minimal friction. The trade-off is that it also creates a single point of failure for the security strategy. Once signed-on, a cybercriminal is just as free to conduct their nefarious business.
Adding the next-generation MFA Token Ring to the equation allows organizations to achieve the best of both worlds. Token Ring delivers the strong MFA available in a FIDO2 certified biometric wearable. The Token Ring can only be used by the designated bearer, so there is no chance of fabricated or stolen credentials. Meanwhile, users enjoy the same convenient experience with minimal friction and maximum authentication security.
Other benefits include:
Better protect your environment, data, and customers with TokenRing and miniOrange. Learn more about how this partnership can create a security posture equipped to combat today’s threats or Start a FREE TRIAL of MiniOrange.
As cybersecurity threats evolve, enterprises must stay ahead with advanced solutions. Our report, "Next-Generation MFA: Security Assurance for the Modern Enterprise," is based on a survey conducted and written by Datos Insights. In this report, we explore how leading Financial Service CISOs are addressing these challenges with cutting-edge multifactor authentication (MFA) strategies.
Watch Webinar In today's rapidly evolving cyber landscape, identity security is more critical than ever. As organizations face growing threats like data breaches and ransomware attacks, the role of identity and access management (IAM) has never been more vital. In a recent webinar, "The Increasing Importance of Identity Security in the Era of the Mega Breach," John Gunn, CEO of Token, and Jon Lehtinen, Senior Director of Security at Okta, shared their insights on the current state of identity security, key trends driving these threats, and practical steps for organizations to enhance their defenses.
In the ever-evolving landscape of cybersecurity, the partnership between Duo and Token marks a significant advancement, combining Duo's identity access management with Token's Next-Generation MFA. This collaboration is not just about adding layers of security; it's about redefining the user experience and streamlining the deployment of security measures across organizations.
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