Passwordless Authentication Leader Secret Double Octopus Wins Esteemed 2023 SINET 16 Innovator Award

MENLO PARK, Calif.--(BUSINESS WIRE)--Secret Double Octopus, the leading provider of workforce and desktop MFA solutions, is excited to announce that it has been selected as a winner in the 2023 SINET16 Innovator Award. SINET, an organization with the mission to accelerate Cybersecurity innovation through public-private partnerships, selected Secret Double Octopus and 15 other vendors from a pool of 195 applications from 13 countries this year. These 16 emerging companies were identified as the most innovative and compelling technologies in their fields to address Cybersecurity threats and vulnerabilities.

SINET’s annual Innovator Awards has become more and more competitive since the program launched 14 years ago. This award was free to apply, free to win, and all about innovation. Applications are evaluated in a series of two rounds by the SINET Judging Committee composed of 115 private and government security professionals including leading risk executives, experts in government intelligence and defense agencies, venture capitalists, and investment bankers.

“We are honored to be selected as a SINET16 Innovator and highlighted for the market leading innovation that the team at SDO has achieved in the Passwordless MFA market,” said Raz Rafaeli, co-founder and CEO of Secret Double Octopus. “Receiving this award is a recognition of not only our unique architectural approach but our rich technology leadership and proven market acceptance and deployments.”

SINET is dedicated to introducing leading innovators into the Cybersecurity industry and accelerating innovation by encouraging collaboration, breaking down communication barriers, and facilitating high-level sharing of ideas and best practices between senior-level security professionals from the private and public sectors and solution providers, buyers, researchers, and investors.

“We are proud to play a role in accelerating innovation into a global marketplace by increasing the awareness of value-add companies,” said Robert D. Rodriguez, Chairman of SINET. “As always, this year provided for a very competitive landscape. We look forward to watching these companies continue to mature as they progress on their amazing entrepreneurial journeys and their missions to protect the fabric of our nation’s critical infrastructures and national security interests.”

About Secret Double Octopus

Secret Double Octopus is a leader in next generation workforce authentication solutions. The Octopus platform offers organizations the ability to move to a higher security and more frictionless authentication platform for traditional and passwordless MFA. The Octopus platform is differentiated in 3 key areas: 1) completeness, 2) ease of deployment without requiring change to infrastructure and 3) flexibility for the passwordless journey. Organizations from Fortune 100 to small-sized companies use the Octopus platform to authenticate their employees every day for better security, better productivity and lower cost. The company has been designated a Gartner "Cool Vendor", named “Best-in-Class" passwordless provider by AITE Group and a 2023 SINET16 Innovator. Learn more at www.doubleoctopus.com.