Security incident on record — Thoma Bravo took Ping private $2.8B and ForgeRock $2.3B 2022-2023; merged into one company
▪ Editorial verdict
Ping Identity MFA delivers enterprise-grade adaptive authentication with the strongest CIAM MFA coverage in the category, backed by the ForgeRock merger that added the deepest customer identity MFA capabilities available. For organisations that need to manage both workforce and customer identity MFA from one platform, Ping is uniquely positioned.
The workforce MFA user experience complexity is higher than Cisco Duo or Microsoft Entra for end users. Time to value is also longer due to the professional services requirement. Ping competes on capability breadth rather than deployment simplicity.
The verdict: Ping Identity MFA is right for large enterprises that need to unify workforce and customer identity MFA in one platform. Organisations with primarily workforce MFA requirements should evaluate Cisco Duo or Microsoft Entra MFA for faster time to value.