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Sanction Scanner VS Okta Adaptive Multi-Factor Authentication

Compare Sanction Scanner VS Okta Adaptive Multi-Factor Authentication and see what are their differences

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Sanction Scanner logo Sanction Scanner

Sanction Scanner is an Anti-Money Laundering compliance software. Sanction and PEP screening service on thousands of Sanction and PEP lists in our AML database.

Okta Adaptive Multi-Factor Authentication logo Okta Adaptive Multi-Factor Authentication

Multi-factor authentication is becoming the standard. Secure your apps and VPN with strong MFA for adaptive, risk-based authentication.
  • Sanction Scanner Landing page
    Landing page //
    2022-09-14

Sanction Scanner helps you search and analyze for Persons and Entities on Sanctions and other official lists. Sanction Scanner provides enhanced global sanction screening services to support your compliance program. It reduces your operational costs and development efforts.

  • Okta Adaptive Multi-Factor Authentication Landing page
    Landing page //
    2023-07-11

Sanction Scanner features and specs

  • Comprehensive Coverage
    Provides extensive data on sanctions, PEPs (Politically Exposed Persons), and adverse media from multiple global sources, ensuring thorough risk assessment.
  • Real-Time Updates
    Offers real-time updates to ensure businesses are always compliant with the latest sanctions and regulations.
  • Customizable Reports
    Allows users to generate tailored reports based on specific criteria, providing flexibility in how information is presented and used.
  • User-Friendly Interface
    Features an intuitive and easy-to-navigate interface, which simplifies the compliance process for users.
  • API Integration
    Provides API support for seamless integration with existing systems, enhancing operational efficiency.
  • Scalability
    Scalable to the needs of different sizes of organizations, catering to small businesses as well as large enterprises.

Possible disadvantages of Sanction Scanner

  • Cost
    Can be expensive for small businesses or startups with limited budgets.
  • Complex Setup
    Initial setup and integration might be complex and time-consuming for some users, requiring technical expertise.
  • Data Overload
    The extensive data provided can sometimes be overwhelming, making it challenging to filter through unnecessary information.
  • Dependency on Internet Connection
    Requires a reliable internet connection for real-time updates and efficient operation, which might be a limitation in regions with poor connectivity.
  • Learning Curve
    Despite its user-friendly interface, there may still be a learning curve for users unfamiliar with compliance software.

Okta Adaptive Multi-Factor Authentication features and specs

  • Enhanced Security
    Okta Adaptive MFA provides an extra layer of security by requiring additional forms of verification beyond just a password, making it more difficult for unauthorized users to gain access.
  • User-Friendly
    It offers a seamless user experience with various factor options such as biometrics, SMS, and email, reducing the friction commonly associated with multi-factor authentication.
  • Context-Aware
    Adaptive MFA can adjust security requirements based on context, such as the user's location, device, and behavior, providing a more nuanced and efficient security approach.
  • Compliance
    Helps organizations meet regulatory and compliance requirements such as GDPR, HIPAA, and other industry standards by implementing robust security measures.
  • Scalability
    Designed to work well for organizations of all sizes, it can easily scale with the growth of the company, accommodating more users and higher security demands.
  • Integration Capabilities
    Okta can integrate with a wide range of applications and services, both on-premises and cloud-based, providing a unified and cohesive security strategy.

Possible disadvantages of Okta Adaptive Multi-Factor Authentication

  • Cost
    The pricing structure may be costly for small businesses or startups, which could be prohibitive for companies with limited IT budgets.
  • Complexity
    Implementation and management of adaptive MFA can be complex, requiring technical expertise and potentially increasing the burden on IT staff.
  • User Resistance
    Some users may find multi-factor authentication cumbersome and may resist the additional steps required, leading to potential productivity loss.
  • Dependency on Devices
    Since the system often relies on user devices for additional verification, issues like lost or damaged devices can disrupt access and require additional support.
  • Latency Issues
    In some cases, the extra steps required for authentication can introduce latency, affecting user experience particularly in time-sensitive applications.
  • Limited Offline Capability
    If there is no internet connectivity, some methods of multi-factor authentication offered by Okta may not function, potentially preventing access.

Analysis of Sanction Scanner

Overall verdict

  • Sanction Scanner is considered effective by many organizations for maintaining compliance and enhancing the efficiency of their AML processes. Users generally appreciate its ease of integration, user-friendly interface, and comprehensive coverage of global sanctions lists. However, the specific effectiveness often depends on an organization's unique needs and existing compliance strategies.

Why this product is good

  • Sanction Scanner is a tool designed to help organizations comply with global sanctions and anti-money laundering (AML) regulations. It provides features such as real-time monitoring, comprehensive AML data, and automated screening processes. These functionalities leverage advanced technology to minimize the risk of non-compliance and streamline due diligence processes.

Recommended for

    Financial institutions, legal firms, multinational corporations, compliance officers, and any organization that needs to adhere to global AML and sanctions regulations could benefit from using Sanction Scanner.

Sanction Scanner videos

How Sanction Scanner Works

Okta Adaptive Multi-Factor Authentication videos

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Category Popularity

0-100% (relative to Sanction Scanner and Okta Adaptive Multi-Factor Authentication)
Security & Privacy
67 67%
33% 33
Identity And Access Management
Governance, Risk And Compliance
Two Factor Authentication

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What are some alternatives?

When comparing Sanction Scanner and Okta Adaptive Multi-Factor Authentication, you can also consider the following products

Oracle Bharosa - Oracle Bharosa is a fraud and identity theft control system that helps you combat these problems in your organization.

Duo Security - Duo Security provides cloud-based two-factor authentication. Duo’s technology can be deployed to protect users, data, and applications from breaches, credential theft, and account takeover.

DueDil - DueDil is a private company research tool for B2B lead generation and risk management.

DIGIPASS - DIGIPASS offers two-factor​ authentication solutions for mobile applications.

Encompass - encompass Know Your Customer (KYC) software for banking, finance, legal and accountancy. Onboard clients with ease and ensure AML regulation compliance.

Google Authenticator - Google Authenticator is a multifactor app for mobile devices.