Successful companies save several 100.000 € with APIIDA’s Intelligent Single Sign On and Multi-Factor Authentication solution. Do you also use this savings potential?

Young woman with piggy bank on color background

Timm Lotter, Senior Presales Consultant, APIIDA AG

With the increasing number of cloud services, more passwords must be managed by customers, partners, and employees. If one is forgotten, it is necessary to reset it using the help desk or self-service. The same password is often used for convenience. If a potential attacker has stolen it, he can cause damage in several applications.

In order for companies to remain competitive these days, users need to log in frictionless. In this context, the risk can also be reduced with the use of secure login methods (Multi-Factor Authentication). The solution of APIIDA covers both area and can provide a high saving potential.

 

1. INCREASE USER PRODUCTIVITY WITH SINGLE SIGN-ON (SSO)

Challenge: An employee requires a few seconds for each login to an application to enter the username and password and to press the login button. Especially the people with little IT knowledge need more time and must be considered.

Solution: With Single Sign-On (SSO), the employee only has to log in once and is automatically logged on to the other applications. Thus, user productivity is improved and there is a savings potential.

 

INCREASE USER PRODUCTIVITY WITH SINGLE SIGN-ON (SSO)

Number of employees:

1000

Number of logins per day:

10

Time in seconds per login:

20 Seconds

Cost of an employee per year:

40000 €

Time required for logins per employee per year:

13.89 Hours 

Time saved for logins per employee per year:

12.50 Hours

Benefit by using Single Sign-On (SSO) per year:

250000 €

 

Calculation: An employee logs in to 10 applications a day and it takes 20 seconds each. At 250 working days a year, this are 13.89 hours. With SSO, only one login per day is needed and 9 logins are saved. This saves each employee 12.50 hours per year. With the average cost of an employee of 40000 € a year and 1000 employees in the company, there is a benefit of 250000 €.

Value with APIIDA: The individual applications can be quickly and easily integrated into the APIIDA solution. It supports the latest standards such as OAuth, OIDC and SAML.

 

2. INCREASE USER PRODUCTIVITY WITH FEWER PASSWORD RESETS

Challenge: An employee must manage his passwords for multiple applications. If one is forgotten, he uses the self-service to reset it. Depending on the complexity and scope, this usually takes several minutes.

Solution: With Single Sign-On (SSO), the employee only must remember one password. Thus, user productivity is improved and there is a savings potential.

 

INCREASE USER PRODUCTIVITY WITH FEWER PASSWORD RESETS

Number of Self-Service Password resets per employee per year:

10

Time in minutes per password reset

15 Minutes

Time spend on password reset per employee per year:

2.50 Hours

Benefit by reducing the number of password resets per year:

50000 €

 

Calculation: An employee has forgotten his password 10 times a year and uses the self-service for the reset. At an average of 15 minutes per reset, it takes 2.50 hours a year. With 1000 employees with 40000 € annual salary,  8 working hours on 250 days, this results in a benefit of 50000 €.

Value with APIIDA: Such that an employee can no longer forget his password, he can log in without it. The authentication takes place via other channels such as the smartphone.

 

3. REDUCE HELP-DESK COSTS BY REDUCING THE NUMBER OF PASSWORD RESETS.

Challenge: An employee must manage his passwords for multiple applications. If one is forgotten, he uses the help desk to reset it.

Solution: With Single Sign-On (SSO), the employee only must remember one password. Thus, user productivity is improved and there is a potential saving for the help desk.

 

REDUCE HELP-DESK COSTS BY REDUCING THE NUMBER OF PASSWORD RESETS

Number of Help-Desk calls for password reset per employee per year:

10

Average cost per Help-Desk call:

25 €

Cost for password reset per employee per year:

250 €

Benefit by reducing Help-Desk cost per year:

250000 €

 

Calculation: An employee has forgotten his password 10-times a year and needs the help desk to reset it. At an average of 25 € per help desk call, it costs yearly 250 €. With 1000 employees is the annual benefit 250000 €.

Value with APIIDA: Such that an employee can no longer forget his password, he can log in without it. The authentication takes place via other channels such as the smartphone.

 

4. REDUCE THE RISK OF LOSS WITH MULTI-FACTOR AUTHENTICATION (MFA).

Challenge: If an attacker has stolen the credentials of an employee, he can cause significant damage. In addition to the deletion, the manipulation of data over a longer period of time is hardly comprehensible. Especially nowadays, there is a higher risk as more and more applications are accessible via the Internet.

Solution: With Multi-Factor Authentication (MFA), the employee must log in with a password and an additional factor, that can be provided for example by the smartphone.

 

REDUCE THE RISK OF LOSS WITH MULTI-FACTOR AUTHENTICATION (MFA)

Total potential loss due to a risk event:

100000 €

Probability of an event per year:

50 %

Reduction of the probability of a risk event through multi-factor authentication in percent:

80 %

Benefit with the reduced risk per year:

40000 €

 

Calculation: Assuming a company has a total potential loss of 100000 € in a risk event (Radware has found, that companies have on average $ 1.1 million in cyber-attack losses. This is an average value, so we take a lower value in this example.). The probability of a risk entry is 50 %, so there is a loss of 50000 €. With a Multi-Factor Authentication solution, risk can be reduced by 80 % (Nucleus Research has found that companies typically reduce the average risk by 80-90%). This leads to the benefit of 40000 €.

Value with APIIDA: The APIIDA solution offers a wide range of second factors to meet increasing demands. For critical applications, more than two factors are configurable.

Total annual benefit: 590000 €*

* This is just an estimate. It calculates your benefits based on the information you provided. Financial calculations are provided for illustration only. Actual results may vary.

 

How high is your savings potential?

With the following online calculator, you can calculate the individual savings potential for your company.

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