ForgeRock Named an Overall Leader in 2022 KuppingerCole Leadership Compass on Passwordless Authentication

Rhea-AI Summary

ForgeRock, a leader in digital identity solutions, has been recognized for its excellence in Passwordless Authentication by KuppingerCole. The company achieved an 'Overall Leadership' position due to its advanced access management, modern architecture, and strong orchestration capabilities. Furthermore, ForgeRock was highlighted for its innovative product offerings in security functionality and its extensive partner ecosystem. With 50% of data breaches attributed to password-related issues, ForgeRock's passwordless solutions enhance IT security significantly.

Positive

• Achieved 'Overall Leadership' in KuppingerCole Leadership Compass on Passwordless Authentication.
• Recognized for strengths in access management features, modern architecture, and orchestration capabilities.
• Highlighted as a leader in product, innovation, and market leadership.

Negative

• 50% of compromised records in 2021 resulted from unauthorized access, indicating ongoing security risks despite advancements.

ForgeRock Leads the Way in Passwordless Authentication in Product, Innovation, Market and Overall Categories

SAN FRANCISCO--(BUSINESS WIRE)-- ForgeRock®, a global digital identity leader, announced today it earned an “Overall Leadership” position in the KuppingerCole Leadership Compass on Passwordless Authentication for its strengths in access management features, modern architecture, strong orchestration capabilities and excellent integration.

“It’s thrilling to be recognized by KuppingerCole for our strong Passwordless Authentication capabilities,” said Peter Barker, Chief Product Officer at ForgeRock. “Eliminating passwords turns the tables on bad actors trying to steal or phish your credentials, and what I like best is never dealing with a forgotten password again.”

Keeping passwords secure is a top priority for organizations because once compromised, it is very difficult to prevent or detect a security breach since attackers are in possession of a legitimate password. In fact, the ForgeRock 2022 Consumer Identity Breach Report found that 50% of all records compromised during 2021 were a result of unauthorized access. With Passwordless Authentication, organizations can add a significant layer to the security of their IT infrastructure.

ForgeRock helps organizations create truly passwordless experiences through a combination of orchestration capabilities, open standards, and the ForgeRock Trust Network technology partner ecosystem. In addition to being named an overall leader, ForgeRock was also recognized as a leader in product, innovation and market leadership, for its strengths in security functionality, deployment, interoperability and global partner ecosystem.

“ForgeRock has many innovative features and a flexible architecture,” said Alejandro Leal, Research Analyst at KuppingerCole. “ForgeRock Passwordless Authentication solutions are amongst the strongest in the market and should be considered for organizations looking to deploy a new solution.”

The report provides an overview of the market for Passwordless Authentication products and services, and helps organizations find the Passwordless Authentication product or service that best meets the needs of their customers, partners, or workforce. KuppingerCole examines the market segment, vendor product and service functionality, relative market share, and innovative approaches to providing Passwordless Authentication solutions.

Click here to download the KuppingerCole Leadership Compass on Passwordless Authentication.

About ForgeRock

ForgeRock® (NYSE: FORG) is a global digital identity leader helping people simply and safely access the connected world. The ForgeRock Identity Platform delivers enterprise-grade identity solutions at scale for customers, employees, and connected devices. More than 1,300 organizations depend on ForgeRock’s comprehensive platform to manage and secure identities with identity orchestration, dynamic access controls, governance, and APIs in any cloud or hybrid environment. For more information, visit www.forgerock.com or follow ForgeRock on social media: Facebook ForgeRock | Twitter @ForgeRock | LinkedIn ForgeRock.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221013005197/en/

Stacey Hurwitz, ForgeRock

Stacey.Hurwitz@forgerock.com

Amanda Barry, ForgeRock

Amanda.Barry@forgerock.com

Evgenia Sinopidou, Edelman

evgenia.sinopidou@edelman.com

Source: ForgeRock

FAQ

What is ForgeRock's position in the market for Passwordless Authentication?

ForgeRock has been recognized as an 'Overall Leader' in the KuppingerCole Leadership Compass on Passwordless Authentication.

What factors contributed to ForgeRock's leadership recognition?

ForgeRock received recognition for its strong access management features, modern architecture, and orchestration capabilities.

How does Passwordless Authentication improve security?

Passwordless Authentication significantly reduces security breaches, as compromised passwords are not a risk.

What percentage of data breaches are attributed to unauthorized access?

According to ForgeRock's 2022 Consumer Identity Breach Report, 50% of compromised records in 2021 were due to unauthorized access.

What are the key strengths of ForgeRock's authentication solutions?

ForgeRock's solutions are noted for their security functionality, deployment capabilities, and a robust global partner ecosystem.