SSO Meets Next-Generation MFA: Announcing the miniOrange Token Ring Partnership

By John Gunn, CEO, Token | 2 minute read

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.

About miniOrange

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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Benefits of Token Ring + miniOrange

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: