Although the global pandemic has had a negative impact on the Multi Factor Authentication (MFA) market size for the year 2020, analysts anticipate that the market will regain momentum, mainly with support from developing small and medium scale businesses. With a substantial amount of employees working from their homes, data security and authentication have become a major priority for organizations around the world. Enterprises are inundated with security aspects while they are working on cloud migrations, an influx of the customer’s own devices, and other hurdles.
This emergence of new technologies within an organization’s digital architecture has forced businesses to move away from password-based authentication towards a more-secure, less-invasive approach that relies heavily on behavioral monitoring and a range of inputs from smartphones and other similar devices. In this light, several enterprises are offering a plethora of solutions and services to take security a notch higher than its existing state. In addition, security-driven Artificial Intelligence (AI) platforms are also making a huge impact in the cyber-security space, bringing in a new edge for engineers to predict cyber-attacks and check infrastructures for vulnerable spots.
To help businesses in selecting promising multi-factor authentication solutions, a distinguished panel of prominent CEOs, CIOs, VCs, and analysts, along with Enterprise Security Magazine editorial board has shortlisted companies offering ground-breaking security solutions in multifactor authentication. This listing gives a comprehensive understanding of solutions and consulting services that can be implemented to optimize your business process.
We present to you "Top 10 Multifactor Authentication Companies in APAC - 2020."