ForgeRock shares down on weak guidance, launches new AI anti-fraud solution

ForgeRock teams with Secret Double Octopus for new passwordless service

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Digital identity management company ForgeRock Inc. today announced Enterprise Connect Passwordless, a new authentication solution that eliminates the need for users to interact with passwords inside large organizations.

Developed through a strategic partnership between ForgeRock and password authentication company Secret Double Octopus Ltd., the new solution is integrated into the ForgeRock Identity Platform to protect commonly used and vulnerable enterprise resources such as servers, workstations, remote desktops and virtual private networks.

Enterprise Connect Passwordless helps large enterprises proactively defend against costly cyberattacks and unauthorized access by providing users a passwordless experience to legacy applications, systems and services. According to the company, organizations that use the new service become more secure by removing employee interaction with passwords, reducing the risk of password compromise. Benefits include eliminating employee account lockouts and reducing the volume of information technology tickets, increased workforce productivity and enhanced user experiences.

Under the hood, the service uses next-generation identity orchestration capabilities that allow enterprises to design and implement passwordless logins tailored to their individual security and experience needs.

“The move to passwordless authentication will fundamentally change every digital experience on the planet, starting with the most common experience of all — logging in,” Chief Product Officer Peter Barker said. “With the addition of Enterprise Connect Passwordless, ForgeRock is the only solution to offer a full spectrum of passwordless capabilities that help employees and consumers say goodbye to remembering their passwords.”

The service will be available in the second quarter and will augment the company’s existing passwordless capabilities, adding to the work it has been doing to eliminate consumer passwords for over a decade.

ForgeRock already supports passwordless authentication capabilities through FIDO2 WebAuthn standards and passkeys within the Identity Cloud, low-code, no-code access orchestration with Intelligent Access, and AI-driven threat protection within Autonomous Access.

Image: ForgeRock

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