Appgate named as a 2021 Technology Leader in the Risk-Based Authentication (RBA) Market by Quadrant Knowledge Solutions
(September 6, 2021) -- Quadrant Knowledge Solutions recently announced that it has named Appgate as a 2021 technology leader in the SPARK Matrix analysis of the global Risk-Based Authentication (RBA) market.
The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global Risk-Based Authentication (RBA) market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the major RBA vendors in the form of SPARK Matrix™, providing strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market positions.
The Global RBA market is witnessing massive growth driven by continued investments in the RBA solution to protect users and organizations from cyberattacks and fraudsters while offering a seamless user experience. According to the research, “SPARK Matrix: Risk-Based Authentication (RBA), 2021,” a majority of the RBA solutions provide basic capabilities to offer users safe access to applications, accounts, and sites by delving deep into the analysis of contextual factors like user ID, device ID, location, network type, login time, consecutive login failures, IP address, behavioral patterns, day/time, and such others. The solutions offer comprehensive capabilities, including a risk scoring engine, authentication mechanism (MFA), self-service management, alert and case management, and visualization and reporting. However, the breadth and depth of functionalities may differ between different vendors’ offerings. Driven by the increasing competition and emergence of a variety of vendors with different technological strengths, RBA vendors are increasingly looking at improving their product and market strategy and overall technology value proposition to remain competitive. The primary differentiators to evaluate RBA solutions include the sophistication of technology capabilities, technology vision & roadmap, vendor’s expertise, and domain knowledge, integration and interoperability, and use of AI, ML, and advanced analytics.
Appgate is recognized for its RBA capabilities that are backed by powerful machine learning and robust rules to provide seamless authentication. The company is an innovative provider of RBA solutions that offer a robust risk orchestrator feature, which allows organizations to design customized workflows. Appgate’s RBA platform enables integrated systems to smoothly synchronize with each other, thereby delivering robust security while offering an enhanced user experience. Based on the organization’s risk level tolerance, the platform can authenticate users, keep track of transactional data, and execute workflows.
According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “Appgate offers a robust RBA solution with capabilities including customizable authentication, transaction monitoring, and risk orchestration. Appgate’s RBA solution detects and mitigates device and user behavior anomalies in real-time through device identification and multi-factor authentication. The solution is driven by robust machine learning and strong rules, which aids in streamlining the entire process and delivering a hassle-free user experience. With overall strong performance across the parameters of technology excellence and customer impact, Appgate is positioned amongst the 2021 technology leaders in the global Risk-Based Authentication (RBA) market.”
Quote by Appgate:
“Consumers are increasingly reliant on digital platforms to conduct daily tasks, which creates greater opportunities for fraud,” said Jason Garbis, Chief Product Officer at Appgate. “Appgate’s Risk-Based Authentication (RBA) solution protects individuals against targeted attacks before they’re even aware that it’s happening. We’re pleased that Quadrant Solutions sees the technology excellence of our product and its value in preventing fraud.”
- For more information about Appgate’s RBA Platform, visit www.appgate.com/risk-based-authentication
- Complimentary Download – SPARK Matrix: Risk-Based Authentication (RBA) 2021: https://ww3.appgate.com/RBA/Appgate-Leader-in-RBA-Market-Quadrant-Report
Appgate is the secure access company that provides cybersecurity solutions for people, devices and systems based on the principles of Zero Trust security. Appgate updates IT systems to combat the cyber threats of today and tomorrow. Through a set of differentiated cloud and hybrid security products, Appgate enables enterprises to easily and effectively shield against cyber threats. Appgate protects more than 700 organizations across government and business. Learn more at appgate.com. On February 9, 2021, Appgate announced that it entered into a definitive merger agreement with Newtown Lane Marketing, Incorporated (OTC BB: NTWN), a publicly traded shell company. The parties expect to complete the transaction in the fourth quarter of 2021, subject to customary closing conditions, at which time Appgate will become a public company. For more information, please visit www.appgate.com/investor-relations.
About Quadrant Knowledge Solutions:
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit https://quadrant-solutions.com/market-research/
Appgate Press Contact:
Quadrant Knowledge Solutions