10 Best Two-Factor Authentication Providers for Your Business

Identity & Access Management
 • 
August 29, 2024
 • 
2 min read

Securing your business from cyber threats isn't just a priority—it's a necessity. With data breaches, phishing attacks, and identity theft on the rise, safeguarding your business's sensitive information is crucial. One of the most effective ways to do this is by implementing Two-Factor Authentication (2FA). Here’s a guide to the top 10 2FA providers, designed to help you choose the best solution for your business.

What is Two-Factor Authentication (2FA)?

Two Factor Authentication or 2FA is a method that signifies that a user has to produce two forms of identification to get access. This adds an extra layer of security beyond just a password, making it significantly harder for attackers to access your accounts.

Why is 2FA Important for Businesses?

Given that new threats are being created every day, simple passwords are not longer enough to protect an individual. Passwords are hackable, guessable, or phishable and if this happens your business is at risk. 2FA helps to reduce these risks since the user is forced to provide another verification, a code sent to his/her Device or a fingerprint scan, and thus it is much harder for the hacker to get access to the user’s systems.

Top 10 Two-Factor Authentication Providers

1. Infisign

Infisign IAM offers an enterprise-level 2FA solution with biometric authentication, adaptive risk-based policies, and multi-factor authentication options. Its passwordless single sign-on (SSO) solution and comprehensive analytics make it an advanced, scalable choice for businesses aiming for robust security.

Key Features:

  • Biometric Authentication: Uses fingerprint to verify user identity with a high level of accuracy and security.
  • Adaptive Risk-Based Policies: Continuously adjusts authentication requirements based on user behavior and risk levels to enhance protection.
  • Multi-Factor Options: Authenticates via QR Code followed by additional authentication on user mobile using their preferred authentication methods to verify users.
  • Single Sign-On (SSO): Streamlines user access across various applications with a single authentication step, improving productivity and security.
  • Audit Logs: Offers detailed insights into user logs, enabling administrators to monitor and respond to security threats effectively.

Pros: Enterprise-focused with advanced security features and scalable solutions for growing businesses.

Cons: May be more complex and costly for smaller businesses without dedicated IT support.

2. Duo Security

Duo Security, part of Cisco, is known for its cloud-based architecture, device health checks, and push notification authentication. It’s a user-friendly, flexible solution that integrates well with various systems, making it suitable for a wide range of businesses.

Key Features:

  • Cloud-Based Architecture: Provides scalability and high availability by managing authentication processes through the cloud.
  • Push Notification Authentication: Simplifies the authentication process by allowing users to approve or deny login requests via push notifications.
  • Device Health Checks: Continuously monitors device security, blocking access from compromised or outdated devices to protect your network.
  • Multi-Layered Authentication: Supports various authentication methods, including biometrics and hardware tokens, to meet diverse security needs.
  • User-Friendly Interface: Offers an intuitive interface that simplifies management and enhances the user experience.

Pros: Flexible integration options with a user-friendly interface that appeals to a wide range of businesses.

Cons: Higher costs may be prohibitive for smaller businesses or startups.

3. Google Authenticator

Google Authenticator provides a straightforward, free 2FA solution that’s easy to set up. It generates time-sensitive codes for login and works offline, making it ideal for small businesses looking for basic, reliable security.

Key Features:

  • Time-Based One-Time Passwords (TOTP): Generates a unique, time-sensitive code for each login attempt, enhancing account security.
  • Offline Functionality: Operates without an internet connection, ensuring continuous protection even in areas with limited connectivity.
  • Cross-Platform Compatibility: Works with various operating systems and devices, making it versatile for different user environments.
  • Simple Setup: Quick and easy setup process, requiring minimal technical expertise, ideal for small businesses and individual users.
  • Local Data Storage: Stores data locally on the device, reducing cloud-based attack risks but limiting recovery options.

Pros: Free, easy to set up, and reliable with offline functionality for enhanced security.

Cons: Lacks advanced features, which may not meet the needs of larger businesses.

4. Microsoft Authenticator

Microsoft Authenticator offers secure, passwordless sign-ins and seamless integration with Microsoft’s services. With multi-device synchronization and biometric authentication, it’s a great fit for businesses using the Microsoft ecosystem, offering convenience alongside strong security.

Key Features:

  • Passwordless Sign-In: Allows users to access accounts without entering passwords, reducing the risk of password-related breaches.
  • Multi-Device Synchronization: Ensures seamless access across multiple devices, providing continuity and convenience for users.
  • Microsoft Integration: Works smoothly with Microsoft services like Azure and Office 365, offering a unified security approach.
  • Biometric Authentication: Employs fingerprint or facial recognition for fast and secure access, enhancing both security and user convenience.
  • Account Recovery Options: Provides multiple recovery methods, ensuring users can regain access to accounts if devices are lost.

Pros: Excellent for businesses using Microsoft products, with strong security and seamless integration.

Cons: Limited support outside of the Microsoft ecosystem, restricting its use for non-Microsoft environments.

5. Authy

Authy by Twilio offers cloud backups, multi-device support, and SMS or voice authentication options. Its user-friendly interface and customization features make it a solid choice for businesses seeking a versatile 2FA solution that’s easy to manage.

Key Features:

  • Cloud Backups: Securely stores authentication data in the cloud, allowing easy restoration across devices in case of loss.
  • Multi-Device Support: Enables users to manage 2FA across multiple devices, ensuring flexibility and convenience.
  • SMS and Voice Authentication: Provides additional authentication options via SMS or voice calls, catering to users without smartphones.
  • Custom Branding: Allows companies to customize the app’s interface with their branding, creating a cohesive user experience.
  • Push Notifications: Sends real-time push notifications for authentication requests, simplifying the login process.

Pros: User-friendly with strong security features and multi-device support for added convenience.

Cons: Dependence on Twilio’s infrastructure may raise reliability concerns for some users.

6. Yubico

Yubico specializes in hardware-based 2FA with YubiKey, offering top-notch security through physical tokens. It’s highly resistant to phishing and remote attacks, making it perfect for businesses requiring the highest levels of security.

Key Features:

  • Hardware Tokens: Provides physical tokens that are immune to remote hacking, offering a high level of security.
  • FIDO2/WebAuthn Support: Adheres to the latest authentication standards, ensuring future-proof security for your business.
  • Multi-Protocol Capability: Supports multiple protocols like OTP, smart card, and public key, offering versatile security options.
  • Phishing Resistance: Prevents phishing attacks by requiring physical presence for authentication, blocking remote access attempts.
  • Durable and Reliable Design: YubiKeys are built to withstand physical wear and tear, ensuring long-term security.

Pros: Provides unparalleled security with physical tokens and phishing resistance, ideal for high-security environments.

Cons: Higher upfront cost and potential for physical token loss or damage.

7. LastPass Authenticator

LastPass Authenticator is a mobile-based app that integrates seamlessly with the LastPass password manager. It features push notifications, time-based codes, and easy data recovery, making it a user-friendly option for those already using LastPass.

Key Features:

  • Push Notifications: Allows users to approve or deny authentication requests with a single tap, simplifying the login process.
  • Time-Based One-Time Passwords (TOTP): Generates unique, time-sensitive codes for secure access to accounts.
  • Backup and Restore: Offers backup options to restore authentication data in case of device loss, ensuring continuous access.
  • Integration with LastPass: Works seamlessly with the LastPass password manager, providing a unified security solution.
  • Customizable Alerts: Allows users to set up alerts for unusual login attempts, providing proactive security monitoring.

Pros: Easy integration with LastPass and a user-friendly interface for secure and convenient account access.

Cons: Limited to mobile devices, which may not suit those preferring hardware-based or desktop solutions.

8. Okta Verify

Okta Verify is part of Okta’s identity management platform, offering push notifications, biometric authentication, and adaptive security. It’s designed for enterprise environments, providing strong security and seamless integration with other Okta services.

Key Features:

  • Push Notification Approval: Simplifies authentication by allowing users to approve or deny login attempts directly from their mobile devices.
  • Biometric Authentication: Uses fingerprint or facial recognition for quick, secure access to enterprise applications and data.
  • Adaptive Authentication: Adjusts authentication requirements based on contextual factors like location and device, enhancing security.
  • SSO Integration: Works with Okta’s Single Sign-On (SSO) platform to streamline user access across multiple applications.
  • Customizable Security Policies: Allows administrators to set granular security policies tailored to specific user roles and needs.

Pros: Excellent integration with enterprise applications and strong security features for large organizations.

Cons: Higher costs and complexity may be a barrier for small businesses.

9. RSA SecurID

RSA SecurID offers a versatile 2FA solution with both hardware and software tokens, risk-based authentication, and broad integration capabilities. It’s well-suited for enterprises that need a high level of security and reliable, scalable authentication.

Key Features:

  • Hardware and Software Tokens: Offers both physical and virtual tokens to meet diverse security needs across different platforms.
  • Risk-Based Authentication: Uses real-time risk analysis to adjust authentication requirements based on user behavior and contextual data.
  • Broad Integration: Compatible with a wide range of applications and systems, ensuring seamless integration within existing IT infrastructures.
  • Self-Service Portal: Provides users with a self-service portal for managing their authentication settings and devices, reducing IT burden.
  • Advanced Encryption: Employs strong encryption methods to protect data during authentication, ensuring the highest level of security.

Pros: Versatile with hardware and software options, offering strong encryption and broad compatibility for enterprises.

Cons: Implementation can be complex and may require significant resources for management.

10. Ping Identity

Ping Identity provides a robust, adaptive 2FA solution with customizable authentication methods and contextual security policies. It integrates smoothly with enterprise systems, offering strong protection for complex environments, particularly those requiring advanced security features.

Key Features:

  • Adaptive Multi-Factor Authentication: Adjusts the level of authentication required based on user behavior, device, and location for enhanced security.
  • Contextual Authentication Policies: Enables the creation of policies that define when and how 2FA is applied, based on various risk factors.
  • Seamless Integration with SSO: Integrates smoothly with Ping’s Single Sign-On (SSO) solutions, providing a unified access experience across applications.
  • Customizable Authentication Methods: Supports a range of authentication methods, including biometrics, push notifications, and SMS, to suit different user needs.
  • Enterprise-Grade Security: Offers high-level security features such as advanced encryption and real-time monitoring, making it ideal for large organizations.

Pros: Strong enterprise-grade security with customizable and adaptive authentication options, ideal for complex environments.

Cons: High cost and complexity may not be suitable for smaller businesses or less complex needs.

Criteria for Choosing the Right 2FA Provider

  1. Security Features: Ensure that there are strong security measures such as encryption, biometric authentication, and risk-based approach.
  2. Ease of Use: Make sure the solution is easy to use for the administrators as well as the common users of the systems.
  3. Integration: The 2FA solution should be compatible with your current infrastructure and should not cause disruption to any of the connected systems and applications.
  4. Cost-Effectiveness: It would help to consider the pricing strategies as well as its applicability in cases where your business expands.
  5. Support and Customer Service: Stable assistance is vital for keeping safety and addressing problems as quickly as possible.

Conclusion

Today, global threats are much more complex and therefore Two-Factor Authentication (2FA) has become mandatory rather than a way to improve security. When selecting the right 2FA provider, some factors that can be taken into consideration are; the level of security the need to integrate the solution with other existing systems and the need to expand the solution with the growth of the business. If you integrate a proper 2FA solution, the security of your business and its assets will be vastly improved which will help you avoid unauthorized access.

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Deepika
Content Architect

Deepika is a curious explorer in the ever-evolving world of digital content. As a Content Architecture Research Associate at Infisign, she bridges the gap between research and strategy, crafting user-centric journeys through the power of information architecture.

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