Why Businesses Are Turning to Risk-Based Authentication for Cyber Resilience
QKS Group Reports Above-Average Growth Forecast for Risk-Based
Authentication Market in Canada by 2028.
The Risk-Based Authentication (RBA) market in Canada is
poised for above-average growth through 2028, according to insights from QKS
Group. As cyber threats become increasingly sophisticated, Canadian
organizations are prioritizing robust cybersecurity and data protection
strategies. This trend is expected to drive significant investment in advanced
RBA technologies that deliver adaptive, user-friendly authentication while
maintaining stringent security standards.
The demand for RBA solutions is rising as businesses seek to
balance security and user experience. Flexible authentication methods,
underpinned by real-time behavioral analytics, are becoming essential.
Furthermore, ongoing government initiatives aimed at strengthening the national
cybersecurity framework will further support market expansion. The integration
of RBA into broader security architectures is anticipated to play a vital role
in managing evolving digital threats and securing Canada's growing digital
economy.
This study addresses key strategic questions, including:
What is the current and projected competitive landscape of
the Risk-Based Authentication market in Canada?
What competitive dynamics will shape the RBA market in
Canada through 2028?
How are vendors positioning their RBA solutions for various
segments, from SMBs to large enterprises?
How will cloud-based and on-premises RBA offerings compare
among vendors by 2028?
What are the key strengths and challenges of RBA vendors
operating in the Canadian market?
What market forecasts are associated with key industries
deploying RBA solutions?
What competitive factors influence vendor positioning in
this space?
Strategic Market Insights
Risk-Based
Authentication is defined as a technology that passively and
continuously monitors, analyzes, and authenticates users based on behavioral,
cognitive, and response-based traits. These include factors such as keystroke
dynamics, device usage, touchscreen interactions, mouse movements, navigation
habits, form input behavior, and data familiarity. RBA systems leverage
advanced analytics and machine learning to generate real-time behavioral risk
scores, helping reduce false positives, minimize risk response time, and deliver
a seamless user experience.
Vendors covered in this Study:
Accops, Appgate, BPC, Broadcom, CoffeeBean Technology,
CyberArk, Duo Security (Cisco), IBM, Kount, LexisNexis Risk Solutions,
LoginRadius, Microsoft, Okta, OneLogin, OneSpan, Ping Identity, Prove, RSA
Security, SecureAuth, Silverfort, Swivel Secure, and TransUnion.
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